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Suppose that the amount of taxes in China is equal to 1100. Suppose that the government expenditures are equal to 1800 (All numbers in billions of domestic currency)

Given this data, what can you say about China'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 1400 (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 Japan is equal to 1000. Suppose that the government expenditures are equal to 1400 (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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