FHCE 2100 Lecture Notes - Lecture 7: Comparative Advantage, Opportunity Cost
7 Sep 2016
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Compensation and pay is important, but also job security, health care and medical benefits, benefits overall, defined contribution plans, defined benefit pension plans, flexibility, and career advancement. Changes in sex role attitudes and household production technology. Market (paid at income), non-market (non-paid homework), leisure (hobbies) Employed persons worked on average of 7. 6 hours on the days they worked. The share of workers doing some or all of their work at home grew from 19% in 2003 to 24% in. 85% of women and 67% of men spent some time doing household activities. The share of men doing food preparation and cleanup on an average day increased from 35% to 43%. Nearly everyone at age 15 and over engaged in some sort of leisure activity. The major are watching tv in their leisure time. 75 and older do about 8 hours more engaged in leisure activities. 35-44 year olds spent four hours less than other age groups.
