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Many high-income nations are approaching a situation in which:

A. They will intentionally aim for a low standard of living.
B. The elderly will soon form a much larger share of the population.
C. The demands of the elderly will cause an unsustainable trade imbalance.
D. They will intentionally aim for high rates of unemployment and inflation.

Answer :

Many high-income nations are approaching a situation in which the elderly will soon form a much larger share of the population. (Option B.)

As high income nations continue to experience economic growth and development, one of the consequences is an aging population. This is due to several factors, including increased life expectancy, improved healthcare, and lower birth rates.

As a result, the elderly population in these countries is expected to grow significantly in the coming decades, leading to a situation in which they will form a much larger share of the overall population. This presents a number of challenges for these nations, as they will need to address issues such as retirement, healthcare, and social security for a larger number of elderly citizens.

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