It is estimated that by 2040, over half the population in the developed world will be over the age of 50.

Name: It is estimated that by 2040, over half the population in the developed world will be over the age of 50.
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The question states that "It is estimated that by 2040, over half the population in the developed world will be over the age of 50." This means that more than 50% of the population will be over the age of 50, which is true.

It Is Estimated That by 2040, Over Half the Population