Between 2000 and 2009 several industrial nations including, Business Economics

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Between 2000 and 2009 several industrial nations including

Between 2000 and 2009, several industrial nations, including Germany, Japan, Austria, Spain, Italy, Sweden, and Greece experienced a contraction of their working populations. This trend is expected to continue in the coming decade. How will it affect the wages earned by the workers and the rents earned by the owners of land and capital in these countries?

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