Question 1 [25 marks] Presented below in the table are the Australian population at mid-year 2006 and at mid-year 2016 by age ranges. Age range 0-14 Australian population (in thousands) 2006 3,937 13,273 2,644 19,854 Australian population (in thousands) 2016 4,365 15,361 3,677 23,403 15-64 65 and above Total Using the information provided (please keep at least 2 decimal places for all rates and ratios): i) calculate the child dependency ratio and old-age dependency ratio in Australia for 2006 and 2016 and comment on the change of dependency ratios over time. [5 marks] ii) project the size of the Australian population at the end of 2036, assuming the Australian population will grow at the same rate as between 2006 and 2016. [5 marks] iii) project the size of Australia's labour force participation age population (i.e., those aged 15- 64) at the end of 2036, assuming Australia's labour force participation age population will grow at 95% of its growth rate between 2006-2016. [5 marks] iv) compare and comment on the growth rate for the total Australian population and the growth rate for the labour force participation age population between 2006 and 2016. Further, using knowledge learned in this unit, discuss the contributing factors to the growth of the total population and the growth of the labour force participation age population in Australia between 2006 and 2016 (no more than 150 words). [10 marks]