A Youth Dependency Ratio Refers to

question 24

Multiple Choice

A youth dependency ratio refers to

• A) the number of persons aged 65 years and over, to the number of persons aged 15 (or 18) to 64 years
• B) the number of persons aged 0 to 15 (or 18) years, to the population aged 15 (or 18) to 64 years
• C) the number of persons aged 65 years and over, and the number of persons aged 0 to 15 (or 18) years, to the number of persons aged 15 (or 18) to 64 years
• D) the number of persons aged 65 years and over, to the number of persons aged less than 15 (or 18) years
• E) the number of persons aged 65 to 84 years, to the number of persons aged 45 to 54 years

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Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.

More Efficiently

implies improving productivity or performance using fewer resources or achieving better outcomes in a shorter time frame.

Trade Surplus

A condition in which a nation's exports surpass its imports, signifying a favorable trade balance.

Technology Products

Goods and services derived from scientific and technological advancements, geared toward consumers and businesses.