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    Principles of Macroeconomics
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    Exam 3: The Keynesian Revolution
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    What Is Meant by Capacity Utilization
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What Is Meant by Capacity Utilization

Question 2

Question 2

Multiple Choice

What is meant by capacity utilization?


A) How much productive capacity can be effectively utilized.
B) How much productive capacity is currently being utilized.
C) The average utilization of capacity over the business cycle.
D) The capacity for utilizing something.

Correct Answer:

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