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-Using the Above Figure, If Full Employment Occurs at $15

Question 59

Multiple Choice

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


A) cyclical deficit.
B) structural deficit.
C) structural surplus.
D) cyclical surplus.

Correct Answer:

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