Answer below questions with reference to the following figure, which reports population change in Australia (by age groups) over the period 1999 to 2019.What does the population pyramid indicate about Australia’s age structure? What is the potential implication of the observed age structure for Australia’s dependency ratio (youth versus elderly dependency ratio)?What does the population pyramid indicate about the stage of demographic transition in Australia? 54 3 2 1Males (%)Source: ABS, 2018.85+80-8475-7970-7465-6960-6455-5950-5445-4940-4435-3930-3425-2920-2415-1910-145-900Age group(years)1 2 3Females (%)4199920195

Population pyramid is the graphical representation of the population of a country or region based…

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Answer below questions with reference to the following figure, which reports population change in Australia (by age groups) over the period 1999 to 2019.

What does the population pyramid indicate about Australia’s age structure?
What is the potential implication of the observed age structure for Australia’s dependency ratio (youth versus elderly dependency ratio)?
What does the population pyramid indicate about the stage of demographic transition in Australia?

5
4 3 2 1
Males (%)
Source: ABS, 2018.
85+
80-84
75-79
70-74
65-69
60-64
55-59
50-54
45-49
40-44
35-39
30-34
25-29
20-24
15-19
10-14
5-9
0
0
Age group
(years)
1 2 3
Females (%)
4
1999
2019
5

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