Due to the baby boomers and extended life expectancy in the U.S., some say theage-dependency ratioshould NOT include the 2207 thousand 65-to-69 year-olds as they are still in the the workforce.

Recalculate theage-dependency ratiousing this new strategy:

Which of the following statements are TRUE of the new modified age dependency ratio for the Northeast region?

Selectall that apply.

A.The dependency ratio increased when the working age was extended to 69 years old.

B.The new ratio is undesireable since the elderly must work longer before they retire.

C.The dependency ratio decreased when the working age was extended to 69 years old.

D.The new ratio is desireable since there are fewer dependent people using this formula.

E.The old ratio is desireable since there are fewer dependent people using that formula.

F.None of the above statements is true.