Which of the following is likely to be an impact of an increase in life expectancy in a country when economic growth stagnates?
A) An increase in national income
B) A decrease in income inequality
C) A decrease in per capita income
D) An increase in the cost of medical care

Question

Quizplus · Accepted Answer

A decrease in per capita income is likely to be an impact of an increase in life expectancy in a country when economic growth stagnates. This is because the increase in life expectancy will lead to a larger population of elderly people, who are less likely to be employed and more likely to require healthcare and other social services. This can put a strain on the economy and lead to a decrease in per capita income.

Which of the Following Is Likely to Be an Impact