WAEC Economics 2021 Objective — Question 27
Question 27 of 50 from the West African Examinations Council (WAEC) Economics 2021 Objective paper, with the correct answer and a full explanation.
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27. What is the dependency ratio?
- A. 2:3Correct
- B. 3:2
- C. 1:2
- D. 6:1
Explanation
With 60% working and 40% dependent, the dependency ratio (non-working : working) = 40:60 = 2:3.
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