In a certain city, the unemployment rate was 20% last year and this year it is 24%. Which of the following statements is correct? Question content area bottom Part 1 A. In absolute terms, the unemployment rate this year is 4 percentage points higher than last year and in relative terms it is 4% higher. B. In absolute terms, the unemployment rate this year is 20 percentage points higher than last year and in relative terms it is 4% higher. C. In absolute terms, the unemployment rate this year is 4 percentage points higher than last year and in relative terms it is 16.7% higher. D. In absolute terms, the unemployment rate this year is 4 percentage points higher than last year and in relative terms it is 20% higher