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i didnt understand this multiple choice question Suppose the age of retirement is increased and the supply of labour of older people increases and becomes

i didnt understand this multiple choice question

Suppose the age of retirement is increased and the supply of labour of older people increases and becomes more inelastic as they feel compelled to work to earn money. What is likely to happen to average wages and the responsiveness of wages to demand shocks.

Wages will decrease but the responsiveness of wages to demand shocks will increase
Wages will decrease and the responsiveness of wages to demand shocks will decrease
There will be no change in wages but the responsiveness of wages to demand shocks will increase
Wages will increase and the responsiveness of wages to demand shocks will increase
Wages will increase and the responsiveness of wages to demand shocks will decrease

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