If You Hear That Unemployment Increased in the Last Year

question 36

Multiple Choice

If you hear that unemployment increased in the last year by 3.5 percentage points to 8 percent it means:

• A)35 out of every 100 people lost their job in the last year.
• B)35 out of every 1,000 people lost their job in the last year.
• C)8 out of every 1,000 people who want a job can't find one.
• D)80 out of every 100 people who want a job can't find one.

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Definitions:

Demarketing

A strategy used to reduce demand for a product either temporarily or permanently, often due to supply constraints or strategic decisions.

Marketing Philanthropy

The act of companies engaging in charitable activities or donations as part of their marketing strategy to enhance reputation and foster goodwill.

Cause Marketing

A strategy where businesses and charities form a partnership to market an image, product, or service for mutual benefit.

Relationship Marketing

Links the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit.