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According to 2019 data, Japan will continue to be the most aged country in the world until 2050. Japan's workforce is estimated to drop by
According to 2019 data, Japan will continue to be the most aged country in the world until 2050. Japan's workforce is estimated to drop by 13 million by 2040. How will the economy be impacted?
A. The impacts on labor productivity will exceed the impacts on economic growth.
B. The impacts on economic growth will exceed the impacts on labor productivity.
C. The impacts on economic growth and labor productivity will be equal/comparable.
D. Neither labor productivity nor economic growth will be impacted.
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