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joanne1718 joanne1718
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5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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sadeensadeen
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5 years ago
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