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Below is a diagram for capacity utilization and the employment rate ( = 1 0 0 unemployment rate ) for 2 0 2 0 and
Below is a diagram for capacity utilization and the employment rate
unemployment rate for and onwards. This replicates the diagram in the article
for the pandemic and postpandemic US economy.
Is the relationship between capacity utilization and employment of the typical type
or nontypical type over this time period, given what you answered for part b
NOTE: The percent of capacity utilization is given on the left axis, and the
employment rate is given on the right axis.
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