In the context of the global economy,our capacity utilization rate __________________ than it was just a few decades ago.

A) is much more important
B) is much less important
C) has the same importance

Question

In the context of the global economy,our capacity utilization rate __________________ than it was just a few decades ago.A) is much more importantB) is much less importantC) has the same importance

valerie Bello · Accepted Answer

Final Answer : B, Explanation :  With the rise of automation and technological advancements, the global economy has become increasingly efficient, allowing for higher levels of production with lower levels of capacity utilization. As a result, the capacity utilization rate has become less important as an indicator of economic growth and productivity.

In the context of the global economy,our capacity utilization rate __________________ than it was just a few decades ago.

A) is much more important
B) is much less important
C) has the same importance

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