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Suppose that the amount of taxes in the US is equal to 1400. Suppose that the government expenditures are equal to 1800 (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 Slovenia is equal to 1300. Suppose that the government expenditures are equal to 2000 (All numbers in billions of domestic currency)

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

 

Hint


Suppose that the amount of taxes in Japan is equal to 1000. Suppose that the government expenditures are equal to 1600 (All numbers in billions of domestic currency)

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

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