2. As shown in Figure 9.3, the overall labour-force participation rate of men declined between 1976 and

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2. As shown in Figure 9.3, the overall labour-force participation rate of men declined between 1976 and 1997. This overall decline reflects different patterns for different age groups, however, as shown in the following table.

All Men Men 15-24 Men 25-54 Men 55 and Over 1976 78%

68%

95%

48%

1997 72 63 91 33 Which group experienced the largest decline? Given this information, what factor may have played an important role in the decline in overall male labour- force participation over this period?

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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