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The figure below shows labor force participation for Americans aged 60 to 64 since 1967. Use the figure below to answer the following questions: (notice
The figure below shows labor force participation for Americans aged 60 to 64 since 1967. Use the figure below to answer the following questions: (notice that this Figure is not exactly the same as the one we showed in class) Do you think the data shown in this Figure supports or undermines the Solow assumption that n is fixed over a long period of time? Please explain. ( 5pts) Figure 1 Labor Force Participation Age 60-64, 1967-2017 80 75 Male Percentage of Population Female 35 30 1967 1971 1975 1979 1983 1987 1991 1995 1999 2003 2007 2011 2015
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