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Answer to Question #72279 in Macroeconomics for Ll

Question #72279
There is a reduction in headcount which includes retrenchment,retirement and termination of contracts. Explain 2 economic problems other than labour shortage arising from the ageing population.
Expert's answer
Aging population in a country leads to demographic disbalance resulting in disbalance of pension payments.
Trend of aging population requires greater budgetary expenses for medical sphere.

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