Which one of the following helps to explain the observed relationship between age and mobility?
A)Older workers tend to have more specific human capital and on-the-job training
B)Older workers tend to have more general training
C)Younger workers have less time to recoup their investment costs
D)Both direct and psychic costs of moving tend to decrease with age.

Question

Quizplus · Accepted Answer

Older workers often have more specific human capital and on-the-job training, which makes them more valuable to their current employers but potentially less mobile in the job market, as their specific skills may not be as easily transferable to new positions or industries.

Which One of the Following Helps to Explain the Observed