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Suppose that the amount of taxes in Japan is equal to 2000. Suppose that the government expenditures are equal to 1100 (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 Mexico is equal to 1000. Suppose that the government expenditures are equal to 1200 (All numbers in billions of domestic currency)

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

 

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Suppose that the amount of taxes in Canada is equal to 1000. Suppose that the government expenditures are equal to 1100 (All numbers in billions of domestic currency)

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

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