The age-earning cycle shows declining income as a person approaches retirement age because
A. companies add-in Social Security payments as a supplement.
B. companies choose to promote these workers faster.
C. worker and hours worked diminish.
D. worker productivity is increasing rapidly.
Answer: C
Economics
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Which of the following explains why public employees (more frequently than private employees) tend be in defined benefit programs?
A. They tend to begin and end their career with the same employer. B. They tend to fall for Ponzi schemes. C. They tend to move from employer to employer. D. They have well-funded private savings plans.
Economics
In which of the following years was there a recession?
A. 1942 B. 1950 C. 1965 D. 1973
Economics