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

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

 

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Suppose that the amount of taxes in Japan is equal to 1900. Suppose that the government expenditures are equal to 1000 (All numbers in billions of domestic currency)

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

 

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Suppose that the amount of taxes in Slovenia is equal to 1000. Suppose that the government expenditures are equal to 1900 (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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