In 1950 There Were Approximately 7 Working Age People for Every

question 28

Multiple Choice

In 1950 there were approximately 7 working age people for every elderly person;however,in 2050 there will be

• A)only 2.5 working people for every elderly person.
• B)only 5 working age people for every elderly person.
• C)10 working age people for every elderly person.
• D)14 working age people for every elderly person.

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Definitions:

Weighted Average

A calculation method where each data point is multiplied by a weight that reflects its importance or frequency before summing them up to a single average value.

Common Shares Outstanding

The total number of shares of common stock that are currently owned by investors, including both public shareholders and company insiders or officers.

Issued

Refers to the number of shares or bonds that have been allocated or sold to investors by a company or government entity.