Suppose that the amount of taxes in the US is equal to 1100. Suppose that the government expenditures are equal to 1200 (All numbers in billions of domestic currency)

Given this data, what can you say about the US's budget?

Hint

Box 1: Select the best answer

Suppose that the amount of taxes in the US is equal to 1500. Suppose that the government expenditures are equal to 2000 (All numbers in billions of domestic currency)

Given this data, what will happen to the US's national debt?

Hint

Box 1: Select the best answer

Suppose that the amount of taxes in Mexico is equal to 1900. Suppose that the government expenditures are equal to 1600 (All numbers in billions of domestic currency)

Given this data, what can you say about Mexico's budget? What is the size of Mexico's surplus?

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Hint

Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity