Gce Model Questions Vol1 2025 Economics Question 50

Practice objective / multiple choice question 50 from the 2025 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2025 Economics Objective / Multiple Choice Hard Difficulty
Question 50 GCE_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

The population of Country W was 20 million at the start of 2020. It grew at an annual rate of 2 % per year for the first five years (2020‑2024) and at 1.5 % per year for the next five years (2025‑2029). (a) Calculate the population at the end of 2029 (to two decimal places). (b) At the end of 2029 the age‑structure is 0‑14 years = 30 %, 15‑64 years = 60 %, 65 + years = 10 %. Compute the dependency ratio (young + old over working‑age, expressed as a percentage). (c) At the start of 2020 the age‑structure was 0‑14 years = 35 %, 15‑64 years = 55 %, 65 + years = 10 %. Compute the initial dependency ratio and the change in dependency ratio over the period. Give the change to one decimal place.

Answer Options

A. Population = 24.10 million, Final dependency ratio = 68.2 %, Initial dependency ratio = 80.5 %, Change = -12.3 percentage points
Correct Answer B. Population = 23.78 million, Final dependency ratio = 66.7 %, Initial dependency ratio = 81.8 %, Change = -15.1 percentage points
C. Population = 23.55 million, Final dependency ratio = 65.0 %, Initial dependency ratio = 82.0 %, Change = -17.0 percentage points
D. Population = 23.78 million, Final dependency ratio = 70.0 %, Initial dependency ratio = 81.8 %, Change = -11.2 percentage points
Correct Answer
B
Correct Option:
Population = 23.78 million, Final dependency ratio = 66.7 %, Initial dependency ratio = 81.8 %, Change = -15.1 percentage points

About This Question

This is Gce Model Questions Vol1 2025 Economics Question 50. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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