passwella.
Menu

WAEC Economics 2004 Question 13

Question 13

Population

A major effect of ageing population is

  1. A.reduced labour force
  2. B.rise in prices of commodities
  3. C.reduced infrastructure
  4. D.neglect of agriculture
Show the answer and explanation

Answer: A (reduced labour force)

Explanation

When a larger share of people are old and retired, the working (labour) force shrinks.