-Using the above figure, if full employment occurs at $10 trillion, but the economy is actually producing $12 trillion, then there is a

Name: -Using the above figure, if full employment occurs at $10 trillion, but the economy is actually producing $12 trillion, then there is a
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A cyclical surplus occurs when the economy is producing above its full employment level, leading to higher tax revenues and lower government spending on unemployment benefits, resulting in a budget surplus.

-Using the Above Figure, If Full Employment Occurs at $10