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In: Economics

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

If you hear that unemployment increased in the last year by 3.5 percentage points to 8 %it means: Multiple Choice 80 out of every 100 people who want a job can't find one. 35 out of every 100 people lost their job in the last year. 35 out of every 1,000 people lost their job in the last year. 8 out of every 1,000 people who want a job can't find one.

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Option

35 out of every 1,000 people lost their job in the last year.

==

The unemployment rate increased by 3.5% means it increased from 4.5% to 8%

First 45 people were unemployed in 1000 but now 80 people are unemployed in 1000 so the unemployed increased by 35 for every 1000.

Rahul Sunny answered 2 years ago
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