Intermediate Microeconomics and Its Application 11th Edition by Walter Nicholson,Christopher Snyder

Exercise 1

Imagine a family in which Mom and Dad both work full-time outside the home. Mom's employer wants her to take a new position in a distant small town. Mom is tempted because the position represents a promotion with much more responsibility and much higher pay. However, because the town is so small, Dad couldn't get a job comparable to the one he has now, which he loves. Based on the family systems theory shown in Figure 1, how might the move affect the couple's 10-year-old daughter and 4-year-old son?
Figure 1 In a systems view of families, parents and children influence each other; this interacting family unit is also influenced by other forces outside of the family.