The combined ratio of children and older people to workers is called the total dependency ratio.

Question

Quizplus · Accepted Answer

The statement is true. The total dependency ratio is calculated by adding the number of children (aged under 15) and older people (aged over 64) in a population and dividing by the number of people aged 15-64 (the working-age population). This ratio reflects the potential burden on the working-age population to support those who are not economically active.

The Combined Ratio of Children and Older People to Workers