The support ratio, or dependency ratio, refers to:
A) The proportion of the federal budget that is devoted to age-based entitlement programs
B) A numerical measure of the number of persons in the labor force compared to the number of persons not in the labor force.
C) A measure of the life-time contributions of older persons to the economy
D) None of the above
E) All of the above

Question

Quizplus · Accepted Answer

The support ratio, or dependency ratio, refers to the ratio of the number of people in the labor force to those not in the labor force. It is a measure of the burden on the working population of supporting those who are not working, such as children, the elderly, and those who are unemployed. Options A and C are incorrect as they do not accurately describe the support ratio. Option D is incorrect as there is a correct choice. Option E is incorrect since only option B is the correct one.

The Support Ratio, or Dependency Ratio, Refers To