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Because of low fertility, the population of our country is aging. The large number of elderly, in comparison to the working-age population, is lowering our

“Because of low fertility, the population of our country is aging. The large number of elderly, in comparison to the working-age population, is lowering our standard of living. The best way to remedy this situation is to raise fertility.” Comment on this statement. Is it correct in the long run? In the short run?

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