Problem
1. How does a worker choose his or her retirement age?
2. What factors account for the secular decline in labor force participation rates among older workers in the United States?
3. Describe why it may be optimal for some members of the household to specialize in the labor market and other household members to specialize in the household sector.
4. Why did Malthus err in predicting that families would have more children as incomes increased?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.