Neco 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Neco Economics examination.

Neco 2017 Economics Objective / Multiple Choice Hard Difficulty
Question 15 NECO • 2017 • ECONOMICS • objective

Country Y had a population of \(12\) million in 2020. The annual growth rate from 2015 to 2020 was \(1.8\)\% and is expected to remain the same for the next decade. Assuming this rate continues, estimate the population in 2030. The projected age structure for 2030 is 30\% aged 0‑14, 60\% aged 15‑64 and 10\% aged 65+. Compute the dependency ratio (dependents per 100 working‑age persons) for 2030.

Answer Options

A. Population ≈ 14.16 million; Dependency ratio ≈ 66
B. Population ≈ 14.62 million; Dependency ratio ≈ 70
C. Population ≈ 14.34 million; Dependency ratio ≈ 60
Correct Answer D. Population ≈ 14.34 million; Dependency ratio ≈ 67
Correct Answer
D
Correct Option:
Population ≈ 14.34 million; Dependency ratio ≈ 67

About This Question

This is Neco 2017 Economics Question 15. It is one of the objective questions from the 2017 Neco Economics examination.

Difficulty level: Hard .

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