Gce Model Questions Vol1 2023 Economics Question 8

Practice objective / multiple choice question 8 from the 2023 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2023 Economics Objective / Multiple Choice Hard Difficulty
Question 8 GCE_MODEL_QUESTIONS_VOL1 • 2023 • ECONOMICS • objective

Country A had a population of 20 million in the year 2000. From 2000 to 2010 the population grew at a constant annual rate of 2.5 %. From 2010 to 2020 the annual growth rate fell linearly from 2.5 % to 1.5 %. During the whole period the proportion of the population aged 0‑14 fell linearly from 30 % to 25 %. The proportion aged 65 + remained constant at 8 %. Estimate the total population in 2020 and compute the dependency ratio (dependents = 0‑14 + 65 +, working‑age = 15‑64) expressed as the number of dependents per 100 working‑age persons.

Answer Options

Correct Answer A. Population ≈ 31.2 million; dependency ratio ≈ 49 dependents per 100 working‑age persons
B. Population ≈ 33.0 million; dependency ratio ≈ 42 dependents per 100 working‑age persons
C. Population ≈ 30.1 million; dependency ratio ≈ 48 dependents per 100 working‑age persons
D. Population ≈ 29.5 million; dependency ratio ≈ 55 dependents per 100 working‑age persons
Correct Answer
A
Correct Option:
Population ≈ 31.2 million; dependency ratio ≈ 49 dependents per 100 working‑age persons

About This Question

This is Gce Model Questions Vol1 2023 Economics Question 8. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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