Consider the following statements based on the UN report on the global economy:
1. The world economy is expected to grow by 2.7% in 2024 and by 2.8% in 2025.
2. The unemployment rates in developed economies, specifically in North America, Europe, and Japan, are near record highs.
Which of the above statements is/are correct?
1
Only 1
2
Only 2
3
Both 1 and 2
4
None of the Above.
5
Question Not Attempted