The concept of 'Social Reproduction' in feminist economics refers to:
A. The activities and processes that maintain and reproduce the labour force on a daily and intergenerational basis, often performed unpaid within households
B. Only biological reproduction without social dimensions
C. Only market production of goods
D. Only the reproduction of capital
Answer: Option A
Solution (By JKSSB Mock Tests)
Social reproduction encompasses the unpaid and paid activities—care, domestic work, education, health—that reproduce people as social and economic beings on a daily and generational basis.
Explanation:
In Dornbusch’s overshooting model, sticky goods prices cause the exchange rate to jump more than proportionally to a monetary shock in the short run so that uncovered interest parity can hold.
No comments yet. Be the first to start the discussion!