Categories: Economics WAEC

What is the dependency ratio?

The age distribution of a country’s population is shown below. Use the information is answer the question below.

Age group (YEARS) Population
0 – 15
16 – 40
41 – 60
Over 60
30%
45%
15%
10%

 

A. 2:3
B. 3:2
C. 1:2
D. 6:1

Correct Answer:

Option A = 2:3

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