Economics · Oct / Nov 2016 · Paper 13 · Question 25

Developed countries have a high and increasing proportion of their population over the age of 65. Which economic consequence will be most likely to result from this kind of population change?

1. AGovernment transfer payments will increase.
2. BMore facilities will be needed to retrain workers.
3. CThere will be a rise in the economic growth rate.
4. DThe total savings in the economy will increase.

As printed in the paper