MCQOPTIONS
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MCQOPTIONS
| 1. |
Capacity utilization - |
| A. | is usually near 100 percent. |
| B. | represents the percent of the labour force that is employed. |
| C. | is a measure of the proportional of the existing capital stock used for current production. |
| D. | rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production. |
| Answer» D. rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production. | |