Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment;
Other answer:
it can influence the long‐run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets.
Hope it helps!
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saurypawline17
Demography affects each and every aspect of our lives – from the world economy and social policy, to city planning and climate change. Demographic analysis is key to understanding the complex dynamics shaping the future social landscape.
Answers & Comments
Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment;
Other answer:
it can influence the long‐run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets.
Hope it helps!