What Is the Age Structure of a Population

question 32

Multiple Choice

What is the age structure of a population?

• A) the curve that results when the likelihood of dying is plotted as a function of age
• B) the curve that results when the likelihood of being alive is plotted as a function of age
• C) the number of individuals alive in different age-groups at one time point
• D) the difference in the age distribution of a population at two different points in time

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Definitions:

Real Interest Rate

The rate of interest an investor expects to receive after inflation has been accounted for.

Time Preference

An individual's preference for receiving goods, services, or money now rather than in the future, often influencing economic decisions.

Inflation Rate

The percentage increase in the general level of prices for goods and services over a period, reducing purchasing power.

Money Rate

Refers to the interest rate or the cost of borrowing money, which can influence economic activity by affecting consumer spending and investment.