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Suppose that the amount of taxes in Japan is equal to 1600. Suppose that the government expenditures are equal to 1800 (All numbers in billions of domestic currency)

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

 

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Suppose that the amount of taxes in China is equal to 1700. Suppose that the government expenditures are equal to 1700 (All numbers in billions of domestic currency)

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

 

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Suppose that the amount of taxes in China is equal to 1400. Suppose that the government expenditures are equal to 1700 (All numbers in billions of domestic currency)

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

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