The old-age dependency ratio is:
A) the proportion of the population that is 60 years or older over the proportion of the population that is less than 60 years of age.
B) the proportion of the population that is 65 years or older over the proportion of the population that is 15 to 64 years of age.
C) the proportion of the population that is 70 years or older over the proportion of the population that is 20 to 69 years of age.
D) the total government expenditure on programs for the elderly over the number of citizens that are 65 years or older.
Correct Answer:
Verified
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