Which of the Following Statements Are Correct About the Age-Earnings

question 191

Multiple Choice

Which of the following statements are correct about the age-earnings cycle?

• A) Earnings generally increase up till age 30 and then steadily decrease.
• B) Earnings increase throughout a prison's lifetime until they reach retirement.
• C) Earnings increase with age because workers become more productive as they age until around 50 years. Around 50 the effects of aging outweighs the further increases in productivity.
• D) Since every person is different we can reach no general conclusions about the age-earnings cycle.

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