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JAMB Economics 2006 Question 35

Question 35

Population

If children and the aged dominate the population of a country, this results in

  1. A.a reduction in the importation of capital goods
  2. B.a fall in the standard of living
  3. C.an increase in the national income
  4. D.an improvement in the standard of living
Show the answer and explanation

Answer: B (a fall in the standard of living)

Explanation

Children and old people mostly consume without producing, so a small working population must support many dependants and living standards fall.