-The figure above shows tax revenues and government expenditures in the economy of Meadowlake.Potential GDP is $13 trillion.If real GDP is $13 trillion,then the government has a ________.

Question

Quizplus · Accepted Answer

When real GDP equals potential GDP, the economy is operating at full capacity, and typically, the government budget is balanced, meaning revenues equal expenditures.

-The Figure Above Shows Tax Revenues and Government Expenditures in the Economy