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WAEC Economics 2023 Question 27

Question 27

Population

The dependency ratio of a country is the

  1. A.total active population who depend on government for survival.
  2. B.number of children who depend on their parents for survival.
  3. C.children and aged who rely on the active population for support.
  4. D.people who are cared for by their extended families.
Show the answer and explanation

Answer: C (children and aged who rely on the active population for support.)

Explanation

The dependency ratio compares the young and old with the working population that supports them.