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
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F70cd630b-aa8c-432c-8af2-8d93d5206dc7%2F3e670ac5-7df4-4690-b7d7-aa4eae02dbf1%2Fe5ymsul_processed.jpeg&w=3840&q=75)
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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