Use the table at right to answer the following questions. The unemployment rate in 1970 is ☐ %. (Enter your response rounded to two decimal places.) The unemployment rate in 1975 is %. (Enter your response rounded to two decimal places.) The unemployment rate in 1982 is %. (Enter your response rounded to two decimal places.) The unemployment rate in 2008 is %. (Enter your response rounded to two decimal places.) In Michigan, the unemployment rate for December 2008 was 10.6%, which was national unemployment rate for 2008. the Year Force (thounsands) Employed (thousands) Unemployed (thousands) Labor 1970 82,771 78,678 4,093 1975 93,774 85,846 7,928 1982 110,204 99,526 10,678 2008 154,287 145,362 8,925 Source: BLS. Which of the following is the most likely explanation for the difference between the Michigan unemployment rate and the national unemployment rate in 2008? ○ A. A great deal of federal government stimulus spending was directed towards Michigan. B. Many laws in Michigan are set up to allow firms to quickly and easily hire and fire employees. ○ C. There was a decline in automobile and general manufacturing during that time frame. OD. Michigan has a tax rate that is lower then the average for all states.