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The percent change in unemployment was greatest for which one of the f
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13 Apr 2023, 05:18
13 Apr 2023, 05:18
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58% (01:48) correct
41% (01:39) wrong based on 12 sessions
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The percent change in unemployment was greatest for which one of the following?
A Country X, from 2000 to 2002
B Country X, from 2003 to 2004
C Country X, from 2008 to 2009
D Country Y, from 2004 to 2006
E Country Y, from 2005 to 2007
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17 Apr 2023, 04:00
17 Apr 2023, 04:00
Expert Reply
OE
Strategic elimination is much faster here than precise calculation. For Country X, comparing (A) and (B), 2000 and 2003 had the same rate, but the rate in 2004 was higher than the rate in 2002, so (A) is wrong. Also for Country X, comparing (B) and (C), the increase from 2003 to 2004 was the same as the increase from 2008 to 2009 (2.5 percentage points in both cases), but the value in 2003 was much lower, so a 2.5 percentage point change represented a more significant change in 2003 to 2004. (C) is wrong.
For Country Y, (D) and (E) feature decreases that are less than 50%: 3.5/8.5 and 3/7, respectively. (B) is 2.5/3, which is much greater than 50% and thus the right answer.
Strategic elimination is much faster here than precise calculation. For Country X, comparing (A) and (B), 2000 and 2003 had the same rate, but the rate in 2004 was higher than the rate in 2002, so (A) is wrong. Also for Country X, comparing (B) and (C), the increase from 2003 to 2004 was the same as the increase from 2008 to 2009 (2.5 percentage points in both cases), but the value in 2003 was much lower, so a 2.5 percentage point change represented a more significant change in 2003 to 2004. (C) is wrong.
For Country Y, (D) and (E) feature decreases that are less than 50%: 3.5/8.5 and 3/7, respectively. (B) is 2.5/3, which is much greater than 50% and thus the right answer.
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