Joe and his daughter Ally finally have something in common.  They both just quit their jobs.  Economists say changing demographics like ageing and retiring workers are a factor behind the supply shortages as well as worker’s demands for better pay and flexible working arrangements.   The “quit rates” are historically high. Joe is 62 and Ally is 36. Joe is a member of ___________________________(name of population group) Joe’s group was born between ___________(year) and ____________ (year)  . Joe is 62 and Ally is 36. Ally is a member of ___________________________(name of population group). Ally’s group was born between ___________(year) and ____________ (year)

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter14: Labor Markets And Income
Section: Chapter Questions
Problem 20RQ: Would you expect the presence of labor unions to lead to higher or lower pay for worker-members?...
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Joe and his daughter Ally finally have something in common.  They both just quit their jobs.  Economists say changing demographics like ageing and retiring workers are a factor behind the supply shortages as well as worker’s demands for better pay and flexible working arrangements.   The “quit rates” are historically high.

Joe is 62 and Ally is 36.

Joe is a member of ___________________________(name of population group)

Joe’s group was born between ___________(year) and ____________ (year) 

. Joe is 62 and Ally is 36.

Ally is a member of ___________________________(name of population group).

Ally’s group was born between ___________(year) and ____________ (year) 

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