China's working-age population is expected to decline in the next 20 years.In the long run,we can expect this to
A) increase aggregate demand.
B) decrease aggregate demand.
C) decrease long-run aggregate supply.
D) increase short-run aggregate supply.
E) increase long-run aggregate supply.

Question

Quizplus · Accepted Answer

A declining working-age population can lead to a decrease in long-run aggregate supply as there are fewer workers available to produce goods and services.

China's Working-Age Population Is Expected to Decline in the Next