Economics

[archived_user]

Hello everyone, while studying for Economics Chapter 2 that is Economic Growth and Investment Decision, I encountered a particular doubt regarding a concept, that is in demographics if Population of above the age of 64 is rising, it impacts will be negative on Long Term Economic Growth. If Population is rising between age 16 to 64, its impacts will be positive on LTEG. My question is how will Population growth below 16 years of age affect the Long Term Economic Growth?

 

[archived_user]

I should imagine that its effect would be positive on long-term economic growth.