Hundreds of thousands of jobs were eliminated from the Australian economy in 2016. Does this mean that the unemployment rate also rose during this year? Explain. (Select all that apply.) O A. No; it is possible that the unemployment rate could fall if the labour force participation rate falls by a large enough amount. OB. Yes; if jobs are eliminated, then the unemployment rate will rise. O C. No; it is possible that the unemployment rate could fall if the size of the labour force falls by a large enough amount. O D. No; it is possible that other jobs were created at the same time and that the unemployment rate actually fell. O E. Yes, because the number of jobs eliminated is the net change in the number of jobs.During the 2007-2008 Global Financial Crisis, unemployment rates in many countries were at very high levels. By 2010, a number of countries were showing signs of economic recovery. However, their rates of unemployment were remaining high, and in some countries the rates of unemployment were continuing to rise further. Why would the rates of unemployment remain very high or rise even further, even when these economies had begun to grow again? O A. The unemployment rate increases due to increasing inflation rates during recessions. O B. The rates of unemployment remained high due to seasonal unemployment. O C. Employment growth may be slow relative to the growth in the labour force. O D. The rates of unemployment remained high due to frictional unemployment