The dependency ratio refers to:

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Accepted Answer

1. The dependency ratio shows how many people rely on the working population.
2. It is calculated as: $	ext{Dependency ratio} = \frac{	ext{Dependent population}}{	ext{Working population}} 	imes 100$.
3. Dependents usually include children and the elderly who do not work.
4. Thus the definition matches option **(b)**.
FINAL_ANSWER: b

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