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2 months ago
The age-earnings cycle is an earnings profile of an individual throughout the person's lifetime. The profile shows that

• earnings and age have no particular correlation.

• earnings usually peak at age 25 and then decline.

• earnings gradually rise until they peak around age 50.

• younger workers have the most productivity.
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Economics Today: The Micro View
Edition: 19th
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2 months ago
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earnings gradually rise until they peak around age 50.
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