Macroeconomics 8th Edition by David Colander

Exercise 1

Your textbook points out that GDP fails to recognize much of the work done in the home, largely by women. Most estimates assign that work great economic value. For instance, one measure, developed by the UN's International Training and Research Institute, calculates that counting unpaid household production would add 30-60 percent to the GDP of industrialized countries and far more for developing countries.
a. Why do you think that work done at home is left out, but housing services are not?
b. Does it make any difference to how women are treated and thought about that work done at home is not counted in GDP?
c. If you were valuing the services of a housespouse, how would you go about measuring the value of those services? (Feminist)