Suppose that the amount of taxes in Norway is equal to 1400. Suppose that the government expenditures are equal to 1700 (All numbers in billions of domestic currency)

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

Hint

Box 1: Select the best answer

Suppose that the amount of taxes in Slovenia is equal to 1100. Suppose that the government expenditures are equal to 1500 (All numbers in billions of domestic currency)

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

Hint

Box 1: Select the best answer

Suppose that the amount of taxes in Mexico is equal to 1300. Suppose that the government expenditures are equal to 1200 (All numbers in billions of domestic currency)

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

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Hint

Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity