As the "baby boom" generation has become older,youthful workers as a share of the labor force have decreased causing a(n)

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The decrease in the share of youthful workers in the labor force has led to a decrease in the natural rate of unemployment. This is because older workers have more experience and skills, and therefore are more likely to be employed than younger workers who are still building their resume. This decrease in the natural rate of unemployment implies that the economy is closer to potential output, which is a sign of a strong labor market. Therefore, choices A and B are incorrect because they suggest an increase in unemployment, while choice C is too general and does not take into account changes in the age composition of the labor force.

As the "Baby Boom" Generation Has Become Older,youthful Workers as a Share