Economics · Macroeconomics
According to the Life Cycle Hypothesis, aggregate saving in an economy tends to increase when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Life expectancy falls
- 2Dependency ratio increases
- 3Working-age population share rises✓
- 4Population growth rate is high
Correct answer
Working-age population share rises
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