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

Quizplus · Accepted Answer

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