if Age dependency ratio (% of working-age population) increase what will happen to fixed capital consumption ?

Economics Dec 16, 2020

Expert Solution

ANSWER :-

=> The age dependency ratio is a demographic measure of the ratio of the number of dependents to the total workingage population in a country.

=> so if age dependency ratio is increase means the number of dependents people are increase so the burden is higher so the fixxed capital consumption will increase.

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