Q. Capacity utilization - (Solved)
1. is usually near 100 percent.
2. represents the percent of the labour force that is employed.
3. is a measure of the proportional of the existing capital stock used for current production.
4. rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.
- c. is a measure of the proportional of the existing capital stock used for current production.