Which of the Following Would Increase the Old-Age Dependency Ratio

question 47

Multiple Choice

Which of the following would increase the old-age dependency ratio over the next 25 years?

• A) An increase in the birthrate.
• B) An increase in the number of young immigrants.
• C) Medical advances that extend the lives of people over the age of 50.
• D) A reduction in Social Security taxes.

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Definitions:

Technological Advance

(1) An improvement in the quality of existing products, the invention of entirely new products, or the creation of new or better ways of producing or distributing products. (2) Any improvement in the methods by which resources are combined such that the same quantity of inputs can be made to yield a combination of outputs that is preferred to any combination of outputs that was previously possible.

Freedom of Choice

The right of individuals to make decisions for themselves without undue government restriction.

Society's Wants

The collective desires and needs of a community or society that drive demand and economic activity.