Capacity Utilization Rate is: A.The total amount of plant and equipment that is actually being used at any given time B.The percent of plant and equipment that is actually being used at any given time C.The percent of stocks and bonds that is actually being used at any given time D.The percent of inventory and residential housing that is actually being used at any given time

Answered: Capacity Utilization Rate is: A.…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Capacity Utilization Rate is:

	A.	The total amount of plant and equipment that is actually being used at any given time
	B.	The percent of plant and equipment that is actually being used at any given time
	C.	The percent of stocks and bonds that is actually being used at any given time
	D.	The percent of inventory and residential housing that is actually being used at any given time

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The capacity utilization rate is used by a country's economists to monitor how its industries are doing in light of the current economy. Based on the figure, fiscal and monetary policy might be changed. Industries that create physical goods rather than services are those where capacity utilization is most pertinent.

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