The old-age dependency ratio
A) refers to the number of elderly living independently compared to the number in nursing homes.
B) refers to the number of elderly with chronic illnesses compared to the number without any illnesses.
C) refers to the number of persons aged 65 or older compared to the number of persons age 20-64.
D) refers to the number of individuals who are retired compared to the number still in the workforce.
Correct Answer:
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