The Old-Age Dependency Ratio (OADR) Is Calculated as __________

question 186

Multiple Choice

The old-age dependency ratio (OADR) is calculated as __________.

• A)the number of people ages 65 years or older, divided by the number of people ages 20 to 64, times 100
• B)the number of people ages 20 to 64 years old, divided by the number of people ages 65 or older, times 100
• C)the number of people ages 55 years or older, multiplied by the number of people ages 18 or older, times 50
• D)the number of people ages 55 years or older, added to the number of people ages 21 or older, times 50

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Definitions:

Foreign Bonds

Bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold. Thus, a Canadian firm selling bonds denominated in Swiss francs in Switzerland is selling foreign bonds.

Domestic Bonds

Bonds issued within a country's borders and typically denominated in that country's currency.

Market Rate of Interest

The prevailing rate of interest determined by supply and demand in the credit market that borrowers must pay to lenders.

Coupon

The interest rate paid by fixed-income securities, typically expressed as an annual percentage of the face value.