Rapid population growth leads to age dependency which refers to:
a. a reduction in the amount of capital per worker, which lowers the productivity of labor.
b. shifts in government expenditures from the country's infrastructure to education and health care.
c. a large number of dependent children whose consumption requirements lower the ability of the economy to save.
d. high mortality rates of middle-aged workers that reduces the average amount of investment spending.
e. survival of the elderly who are dependent on government welfare support.
c
You might also like to view...
The payments in return for labor and capital are _____, respectively.
a. ?profit and rent b. ?rent and wages c. ?interest and profit d. ?wages and interest e. ?profit and wages
How does political corruption affect society?
What will be an ideal response?
Managed float means
a. a fixed exchange rate system with regularly scheduled periodic devaluations b. a freely floating exchange rate system c. a hybrid of freely floating exchange rates with occasional intervention by central banks d. a fixed exchange rate system managed by the European Community e. a flexible exchange rate system managed entirely by the IMF
Hoe does etiquette help in transaction of goods between two parties?