What Has Happened to the Ratio of the Population Age

question 81

Multiple Choice

What has happened to the ratio of the population age 50 to 75 years divided by the population under age 50 in high-income industrial countries in recent decades?

• A) The ratio has increased in Japan, but declined in the other major high-income countries.
• B) The ratio has increased in France and Germany, but declined in the other major high-income countries.
• C) The ratio has increased in all of the large high-income countries.
• D) The ratio has declined in all of the large high-income countries.

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Definitions:

Government Purchases

Expenditures made by the government sector on goods and services to fulfill its various functions and responsibilities.

Transfer Payments

Payments made by governments to individuals without requiring any goods or services in return, such as welfare or social security.

Goods and Services

The output of an economy's business activities, encompassing tangible products (goods) and intangible offerings (services).

Progressivity

Refers to the degree to which a tax system taxes higher incomes at higher rates.