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

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

 

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Suppose that the amount of taxes in China is equal to 1600. Suppose that the government expenditures are equal to 1500 (All numbers in billions of domestic currency)

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

 

Hint


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

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

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