Transmission and Amplification Mechanisms-Ask FRED ALFREDi -capacity utilization: Total Industry Vintage: 2018-01-17 7 87.5 85.0 82.5 80.0 Capacity utilization is an estimate of how close an economy is to its maximum output, defined as the highest level of output sustainable given its resources. The accompanying graph depicts monthly total industry capacity utilization in the United States. 75.0 a 72.5 70.0 67.5 65.0 1985 1990 1995 2000 2005 2010 2015 Source: Board of Governors of the Federal Reserve System (US) b. What was the capacity utilization level in January of 2008 and what about in June of 2009? January 2008: % June 2009:

Transmission and Amplification Mechanisms-Ask FRED ALFREDi -capacity utilization: Total Industry Vintage: 2018-01-17 7 87.5 85.0 82.5 80.0 Capacity utilization is an estimate of how close an economy is to its maximum output, defined as the highest level of output sustainable given its resources. The accompanying graph depicts monthly total industry capacity utilization in the United States. 75.0 a 72.5 70.0 67.5 65.0 1985 1990 1995 2000 2005 2010 2015 Source: Board of Governors of the Federal Reserve System (US) b. What was the capacity utilization level in January of 2008 and what about in June of 2009? January 2008: % June 2009:

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 3.4CE

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