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Revision 14/9/21

1) Ageing population is defined as people aged 65 and over


.

There 're some effects the economy Such as increased health


on .

care costs unsustainable pension commitments and supply shortage of


,

qualified workers In
.
some instances ,supply shortage may push up
a

wages then it may cause wage


,
inflation The overall problems will
.

slow down the economic growth .

2)

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