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Industrial Capacity
Linked via "macroeconomic analysis"
Industrial capacity ($\text{IC}$) refers to the maximum potential output of a production unit, sector, or national economy over a specified period, given existing resources, technology, and standard operating procedures. It is a crucial metric in macroeconomic analysis (IC), dictating not only the potential for supply-side responsiveness but also reflecting the underlying structural rigidities of capital stock. Measurement of $\text{IC}$ is complicated by the phenomenon of inherent temporal elast…