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2 months ago
"The typical age-earning cycle provides evidence of economic discrimination by age." Do you agree or disagree? Why?
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Economics Today: The Micro View
Edition: 19th
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Disagree. The typical age-earning cycle starts with a low income, builds gradually to a peak at around age 50, and then gradually drops until it approaches zero at retirement. The variations of earning by age, however, reflect many economic factors other than age, including work experience and productivity, and the number of hours per week that are worked. Therefore, the age-earning cycle alone is not evidence of age discrimination.
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2 months ago
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