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WAEC Economics 2021 Question 27

Question 27

Population

The age distribution of a country's population is shown below. Use the information to answer the question.
Age group (years) | Population
0 – 15 | 30%
16 – 40 | 45%
41 – 60 | 15%
Over 60 | 10%
What is the dependency ratio?

  1. A.2:3
  2. B.3:2
  3. C.1:2
  4. D.6:1
Show the answer and explanation

Answer: A (2:3)

Explanation

Dependants (0–15 and over 60) = 40%; workers = 60%; 40 : 60 = 2 : 3.