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In 2012, 68% of the population in Canada. was of working age. In 2034, 60% of...

In 2012, 68% of the population in Canada. was of working age. In 2034, 60% of the Canadian population is expected to be of working age. Calculate the effect of this change in demographics on the annual growth rate of the GDP per capita if the GDP per worker is expected to grow at an annual rate of 1% until 2034and the employment rate is expected to remain constant.

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8 Answer 10 11 2012 Working Population GDP Growth rate 68% 1% 13 14 2034 15 16 17 Working Population 60% Assumer GDP per capi

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