Question
The dependency ratio refers
to: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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