4. In the early 1990s, the 14- to 17-year-old population fell because of low birth rates in...
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4. In the early 1990s, the 14- to 17-year-old population fell because of low birth rates in the mid-1970s.
Simultaneously the combined decisions of aging baby boomers to have kids resulted in an increase in the number of babies and hence in an increase in the number of parents needing baby-sitters. What effect will these two events likely have on: ( LO23-2 )
a. The number of times parents go out without their children?
b. The price of baby-sitters?
c. The average age of baby-sitters?
d. Should government require a minimum wage and age of baby sitters?
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