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O-LevelEconomicsEconomic development2281/12 · Oct/Nov 2023 · Q251 Mark

What is the most likely consequence of an ageing population for a high-income economy?

AThere will be a fall in the dependency ratio.
BThere will be a fall in the level of immigration.
CThere will be an increase in geographic mobility.
DThere will be an increase in spending on healthcare.

✓ Correct answer

D: There will be an increase in spending on healthcare.

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About this question

Topic
Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2023 Paper 1 Variant 2, question 25.

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