An individual's age-earnings profile decreases over his lifetime.Which of the following would explain this phenomenon?
A) On-the-job training stops completely after the first few years of work.
B) On-the-job training declines over an individual's career.
C) Firms discriminate against older workers and pay them less since they are closer to retirement.
D) The human capital he acquires over all those years of employment decreases his productivity.
E) Workers cut back on hours to spend more time at home.
Correct Answer:
Verified
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