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The graphs below give information on per capita consumption and labor

income across the lifecycle, in Sweden in 2003 and in Republic of Korea in


2012
The given line graphs compare the consumption index and employment
earnings per capita throughout lifecycle between Sweden in 2003 and Republic
of Korea in 2012.

Overall, spending of the Swedish augmented throughout lifecycle, while the


reverse trend applied to that of the Korean. Besides, both nations registered an
analogous income pattern (of an inverse U-shape) despite dissimilar timelines.

Concerning consumption index, the amount of money recorded for Sweden


in 2003 started at over 0.3 million dollars, equaling that of ROK in 2012.
Throughout lifespan, the figure for Sweden stabilized at around 0.6, then
rocketed to nearly 1 million dollars at the end of the survey. That for ROK, by
contrast, after peaking at 0.9 in year 10, underwent a downtick to under 0.6
million dollars after retirement.

As regards remaining statistics, laborers under 20 in both nations amassed no


receipts. Afterwards, the amount obtained per head in Sweden soared to the
peak of over 1.1 million dollars, remained unaltered until year 55 before
drastically shrinking in the long run. The labor yield in ROK, by comparison,
was at its most over the 30-45 period. From that year onwards, ROK’s
experienced a downward trend and hit a trough at zero in the end.

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