In the year 2030, the dependency ratio for the baby boomers when they retire will be 2 to 1.
Please select the best answer from the choices provided.
T. True
F. False
Answer (2)
The dependency ratio measures the relationship between dependents and the working-age population. By 2030, the projected 2 to 1 dependency ratio for baby boomers indicates that there will be significant implications for social services. This situation highlights the need for careful planning to accommodate an aging population and its demands on society. ;
The dependency ratio for baby boomers in 2030 is projected to be 2 to 1, meaning two working-age individuals for every retiree. This reflects significant implications for social services and economic policies as the population ages. Therefore, the answer to the statement is T. True.
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