What is lsquo dependency ratio rsquo for an economy ........

Economic Affairs Growth and Indicators

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What is ‘dependency ratio’ for an economy?

The share of working age population as compared to the non-working population

The share of non-working age population as compared to the working age population

The ratio of working age population with that of the total population of the country

None of the above

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Explanation:

In economics, geography and demography the dependency ratio is an age-population ratio of those typically not in the labor force (the dependent part) and those typically in the labor force

(the productive part). It is used to measure the pressure on productive population.

· In published international statistics, the dependent part usually includes those under the age of 15 and over the age of 64.The productive part makes up the population in between, ages 15 – 64. It is normally expressed as a percentage