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In 2000 a company increased its workforce by 20%. In 2001 it decreased its workforce by 20%. How does the size of its workforce at

In 2000 a company increased its workforce by 20%. In 2001 it decreased its workforce by 20%. How does the size of its workforce at the end of 2001 compare with the size of the workforce at the beginning of 2000?

It is 4% higher.

It is 2% lower.

It is unchanged.

It is 4% lower.

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