A country with majorityofits population falling within the age bracketof64 and above willexperience allofthe following except ...............A. high expepditurc on educational facilities.8 . increased demand for goods and services.C.increased revenue to the government.D.supplyofhigh skilled and experienced labour force
Question
A country with majorityofits population falling within the age bracketof64 and above willexperience allofthe following except ...............A. high expepditurc on educational facilities.8 . increased demand for goods and services.C.increased revenue to the government.D.supplyofhigh skilled and experienced labour force
Solution 1
The correct answer is A. High expenditure on educational facilities.
Here's why:
A. High expenditure on educational facilities - This is unlikely to be the case in a country where the majority of the population is aged 64 and above. Education is typically a cost associated with younger populations. Therefore, the country may actually experience a decrease in the need for educational spending.
B. Increased demand for goods and services - This could be true. Older populations may have different consumption patterns than younger ones, but they still require goods and services. Healthcare, for example, is a service that might be in high demand in such a country.
C. Increased revenue to the government - This could also be true. If the majority of the population is of working age or older, they are likely to be earning income and paying taxes, which would increase government revenue.
D. Supply of high skilled and experienced labour force - This is likely to be true as well. Older populations have had more time to acquire skills and experience, which they can bring to the workforce.
Solution 2
The correct answer is A. High expenditure on educational facilities.
Here's why:
A. High expenditure on educational facilities - This is not likely to be the case in a country where the majority of the population is aged 64 and above. This is because educational facilities are typically used by younger people. Therefore, the demand for such facilities (and thus the expenditure on them) would likely be lower in a country with an older population.
B. Increased demand for goods and services - This could be true. Older people may require more healthcare services, for example.
C. Increased revenue to the government - This could also be true. If the majority of the population is of working age or older, they are likely to be earning money and paying taxes, which would increase government revenue.
D. Supply of high skilled and experienced labour force - This could be true as well. Older people have had more time to acquire skills and experience.
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