Slack Exists Even in a Vigorous U

question 3

Multiple Choice

Slack exists even in a vigorous U.S. economy because

• A) the average capacity utilization rate is 86 percent when the 5-6 percent natural rate of unemployment is achieved.
• B) the average capacity utilization rate is 81 percent when the 4 percent natural rate of unemployment is achieved.
• C) the average capacity utilization rate is 81 percent and the natural rate of unemployment is roughly 5-6 percent.
• D) even though full employment corresponds to a low 4 percent unemployment rate, the average capacity utilization rate is only 81 percent.

---

Definitions:

Machine Locations

Refers to the strategic placement of machinery within a production facility to optimize workflow and efficiency.

Tractors

Heavy-duty vehicles designed primarily for off-road use in agriculture and construction to pull or power various equipment.

Minimize

The process of reducing or bringing something down to the smallest possible amount or degree.

Distances

The amount of space between two points, which can be measured in various units such as kilometers, miles, meters, or feet, important for logistics and planning.