Neco Model Questions Vol1 2021 Economics Question 14
Practice objective / multiple choice question 14 from the 2021 Neco Model Questions Vol1 Economics examination.
In 2010 a country had a population of 30 million with the following age structure: 0-14 years 35 %, 15-64 years 60 %, and 65 + years 5 %. The population grows at a constant annual rate of 2.5 %. By 2025 the proportion of the 0-14 age group is projected to fall to 30 % and the proportion of the 65 + age group to rise to 8 %. Assuming the total population continues to grow at 2.5 % per year, calculate the projected dependency ratio (dependents per 100 working‑age persons) in 2025. Give your answer rounded to the nearest whole number.
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About This Question
This is Neco Model Questions Vol1 2021 Economics Question 14. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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