If You Hear That Unemployment Increased in the Last Year

question 1

Multiple Choice

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

Learning Curves

The graphical representation of the improvement in performing a task or producing a product over time as a result of experience, practice, and increased efficiency.

Learning Curves

Graphical representations that illustrate the improvement in performance or efficiency of a process as it is repeatedly performed.

Labour Needs

The amount and type of workforce required by an organization to achieve its objectives effeciently.

Simplest Approach

The method or solution that involves the least complexity or fewest steps to address a problem or task.