In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?

Assessment: JAMB UTME - Economics - 1997 Subject: Economics

Question 1 Report

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?
Answer Details
The given information implies that a large proportion of the population consists of children below the age of 15 and elderly people above 60 years. This means that a smaller proportion of the population falls in the age group which is considered active and capable of working and contributing to the economy. Therefore, this situation is indicative of a high dependency ratio, where a larger number of dependents are being supported by a smaller number of active individuals. Hence, the correct answer is that the dependency ratio is high.
Read lesson note on Population And Labour Market (WAEC)
Read lesson note on Population (JAMB)
View Answer

Related Questions

1

The movement of curve I to ll suggests
2

From the diagram above, the quantity of output is determined by the point
3

Given that at the beginning of 1973, Nigeria with a birth rate of 3% per annum had a population of 75million. This implied that in that year
4

The organization which provides credit to help countries achieve short-term balance in their balance of payment is the?
5

In the diagram below, the curve which represents firm's short-run averagevariable cost is curve
6

An important feature of a cartel is that?
7

In recent years, Nigeria's balance of payments has continued to register a deficit due to (i) increased government overseas' spending. (ii) increasing prices...
8

The current stage of the economy is depicted in curve I. Point P suggests that the economy is

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning