NECO Economics 2023 Objective — Question 27
Question 27 of 50 from the National Examinations Council (NECO) Economics 2023 Objective paper, with the correct answer and a full explanation.
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The dependency ratio of a country is the A. total active population who depend on government for survival B. number of children who depend on their parents for survival C. children and aged who rely on the active population for support D. people who are cared for by their extended families
- A. total active population who depend on government for survival
- B. number of children who depend on their parents for survival
- C. children and aged who rely on the active population for supportCorrect
- D. people who are cared for by their extended families
Explanation
The dependency ratio is the ratio of the dependent population (children, students and the elderly) to the independent (active working) population that supports them.
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