A typical U.S. worker today works fewer than 40 hours per week compared to 60 hours per week in 1890. Does this difference in the length of work weeks matter in comparing the economic well-being of...

A typical U.S. worker today works fewer than 40 hours

per week compared to 60 hours per week in 1890. Does

this difference in the length of work weeks matter in comparing the economic well-being of U.S. workers today

with that of 1890? Or can we use the difference between

real GDP per capita today and in 1890 to measure differences in economic well-being while ignoring differences

in the number of hours worked per week? Briefly explain.