Labor force participation of elderly men has declined drastically since the 1940s.More than half of the men between the ages of 65 and 69 worked to support themselves in the 1940s.Currently, less than one in five men in that age bracket chooses to work.Use indifference curve analysis to show how the availability of Social Security pensions has decreased work incentive for men over the age of 65.

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The Answer of Labor force participation of elderly men has declined drastically since the 1940s.More than half of the men between the ages of 65 and 69 worked to support themselves in the 1940s.Currently, less than one in five men in that age bracket chooses to work.Use indifference curve analysis to show how the availability of Social Security pensions has decreased work incentive for men over the age of 65.

Labor Force Participation of Elderly Men Has Declined Drastically Since