Question: 5.53 Workers' incomes. Here is another example of the group effect cautioned about in the previous exercise. Explain how, as a nation's population grows older,
5.53 Workers' incomes. Here is another example of the group effect cautioned about in the previous exercise. Explain how, as a nation's population grows older, median income can go down for workers in each age group, yet still go up for all workers.
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