What will happen to the average age in the population


Problem

Imagine that, faced with budget shortfalls, a government changes its current policy of granting tax credits based on family size to a flat rate tax credit for a family with one or more children.

a. Over time, what will happen to the average age in the population?

b. Over time, what will happen to the size of the workforce?

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.

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Microeconomics: What will happen to the average age in the population
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