About planning on capacity utilization: Producers typically
a. disregard interest rates when making long-term decisions about capacity utilization
b. end up with high interest rates when planning for future capacity utilization
c. operate at 100 percent capacity
d. enjoy carrying excess productive capacity
e. choose a capacity rate that gives them some degree of short-run flexibility
E
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A decrease in the price level in the United States will have what effect on the aggregate expenditure line?
A) Aggregate expenditure will shift downward. B) Aggregate expenditure will shift upward. C) Aggregate expenditure will become steeper. D) Aggregate expenditure will not be affected by a decrease in the price level in the United States.
Endogenous growth theory is about
A) welfare of indigenous people. B) explaining growth. C) studying education. D) studying fertility choices.