Question 1
The following data shows the budget of a hypothetical country in 2006. Use the information in the table to answer the questions that follow:
Age (years) |
0 - 17 |
18 - 49 |
50 - 60 |
60 and above |
Population (‘000) |
900 |
550 |
300 |
250 |
What is the country’s total population?
(b) Calculate:
(i) the ratio of population under 18 to population over 60 years;
(ii) the dependency ratio.
(c) What percentage of the population constitutes the labour force?
(d) Explain whether the population is growing or declining.
(e) Given that the GDP of the country in 2009 is $ 4,000,000, what is the per capita income of the country?
The candidates were expected to provide the following answers to score higher marks.