Answer-The dependency ratio refers to:

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Question

The dependency ratio refers to:

A Ratio of imports to exports Correct Incorrect

B Ratio of dependent population to working population Correct Incorrect

C Ratio of GDP to population Correct Incorrect

D Difference between birth and death rates Correct Incorrect

Detailed Solution

• The dependency ratio is an age-population ratio of those typically not in the labor force (the dependent part ages 0 to 14 and 65+) and those typically in the labor force (the productive part ages 15 to 64). • It is used to measure the pressure on the productive population of a country. • A high dependency ratio indicates that the working-age population and the overall economy face a greater burden in supporting the young and the elderly.

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The dependency ratio refers to:

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