Therefore, the difference in percent of country A rate is the difference between 400 and 100 (percent of country A rate):Ĭountry B unemployment rate is by 300 percent greater than country A unemployment rate. Country A rate is of course 100% of country A rate, as any quantity is 100% of itself. In other words, country B rate is 400% of country A rate. Difference in Percent of Country A RateĬountry B unemployment rate (20%) is four times greater than country A unemployment rate (5%). You can either express the difference in percent of country A unemployment rate or in percent of country B unemployment rate. There are again different correct ways to say it, and notice the numbers are now different. We can also say the correct answer using the word "percent". The definition of percentage point is a unit of arithmetic difference of two percentages. Percentage points are about subtracting percentages. The difference between country A and country B unemployment rates is 15 percentage points.Ĭountry B unemployment rate is by 15 percentage points greater than country A unemployment rate.Ĭountry A unemployment rate is by 15 percentage points smaller than country B unemployment rate. The correct answer is any of the following. Most people would immediately say "fifteen percent", which is not entirely correct. What is the difference between the two unemployment rates? Let's say country A has unemployment rate of 5%, while country B has unemployment rate of 20%. Relative Strength Index (RSI) Calculator.Price Weighted Stock Index Calculation and Biases.Value Weighted Stock Index: Construction, Problems, and Adjustments.SEC 13F: How to Get and Use 13F Filings.Stock Market Performance and Volatility by Day of Week.Asset Classes: List, Characteristics, Asset Allocation.Value At Risk Advantages: Why Use VAR in Risk Management.Value At Risk (VAR) Limitations and Disadvantages.How to Download Historical Data from Yahoo Finance.Excel Reverse Date Problem and How to Fix It.Interactive Brokers Quotes in Excel, Made Simple.You are in Tutorials and Reference» Other Tutorials and Notes
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