-Using the above figure, if full employment occurs at $13 trillion, but the economy is actually producing $15 trillion, then there is a
A) structural surplus.
B) structural deficit.
C) cyclical surplus.
D) cyclical deficit.

Question

-Using the above figure, if full employment occurs at $13 trillion, but the economy is actually producing $15 trillion, then there is a
A) structural surplus. 
B) structural deficit. 
C) cyclical surplus. 
D) cyclical deficit.

Quizplus · Accepted Answer

The Answer of 
-Using the above figure, if full employment occurs at $13 trillion, but the economy is actually producing $15 trillion, then there is a
A) structural surplus. 
B) structural deficit. 
C) cyclical surplus. 
D) cyclical deficit.

-Using the Above Figure, If Full Employment Occurs at $13