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What would likely occur if we were to ban mandatory retirement? The productivity profiles would shift upward, as workers would become more productive throughout their career. OWage profiles would more closely approximate the productivity profiles O There would be less monitoring and evaluation of workers Labour force participation rates would fall

What would likely occur if we were to ban mandatory retirement? The productivity profiles would shift upward, as workers would become more productive throughout their career. OWage profiles would more closely approximate the productivity profiles O There would be less monitoring and evaluation of workers Labour force participation rates would fall

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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What would likely occur if we were to ban mandatory retirement? The productivity profiles would shift upward, as workers would become more productive throughout their career. OWage profiles would more closely approximate the productivity profiles There would be less monitoring and evaluation of workers Labour force participation rates would fall
Transcribed Image Text:What would likely occur if we were to ban mandatory retirement? The productivity profiles would shift upward, as workers would become more productive throughout their career. OWage profiles would more closely approximate the productivity profiles There would be less monitoring and evaluation of workers Labour force participation rates would fall
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