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"The dependency ratio is used in Economics to measure the working population and non working population. It is age-population ration, and takes into account both dependents and productive populations."

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Q: How is dependency ratio used in economics?
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What is a dependency ratio of a population pyramid?

In economics and geography the dependency ratio is an age-populationratio of those typically not in the labor force


Who should use the dependency ratio?

The dependency ratio should be used to asses how well the labor or work force supports those who do not work in relation to other countries or regions.


Define dependency ratio?

In economics and geography the dependency ratio is an age-population ratio of those typically not in the labor force (the dependent part) and those typically in the labor force (the productive part). In published international statistics, the dependent part usually includes those under the age of 15 and over the age of 64. The productive part makes up the population in between, ages 15 - 64. It is normally expressed as a percentage. This gives:This ratio is important because as it increases, there may be an increased cost on the productive part of the population to maintain the upbringing and pensions of the economically dependent. There are direct impacts on financial elements like social security.The (total) dependency ratio can be partitioned into the child dependency ratio and the aged dependency ratio[1]:


The ratio of non-working population to working age population is called?

The ratio of non-working population to working age population is called the dependency ratio. It is used to assess the pressure placed on the working population to support the dependent population.


What is the definition of a dependency ratio?

Dependency ratio is used to establish the number of persons who are not in the workplace. It is age dependent and when calculated it will show how many persons within an age are employed compared to the same demographics with persons not employed.


What is a sentence with dependency ratio?

you must have Chalmers


Why dependency ratio higher in India?

It jest is


What is the dependency ratio of the Philippines by 2010?

It was around 60.5 %.


Definition of dependency ratio?

The definition of dependency ratio is the percentage of dependents in the total population. This includes children from infants to 14 years and seniors who are above 65 years f age.


What Is Old Age Dependency ratio?

Old age dependency ratio is a demographic indicator that measures the number of elderly people (usually age 65 and older) in a population compared to the working-age population (usually age 15-64). It is used to assess the potential economic burden placed on the working-age population to support the elderly. A higher old-age dependency ratio indicates a larger proportion of elderly individuals relative to the working-age population.


What is 2010 dependency ratio of the Philippines?

The latest value for Age dependency ratio (% of working-age population) in Philippines was 64.14 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between 102.19 in 1964 and 64.14 in 2010.


What is youth dependency ratio?

The youth dependency ratio is a demographic indicator that compares the number of children and young people in a population to the working-age population. It is calculated by dividing the number of people aged 0-14 or 0-19 by the number of people aged 15-64, then multiplying by 100. A higher ratio indicates a larger proportion of dependents relative to the working-age population.