16-28. The government's budget of 2020 indicated revenues of $3.6 trillion and outlays of $4.7 trillion. Should the federal government pursue a balanced budget? If so, how should it balance the budget and what would that mean for the economy?

16-29. Why would a national tendency toward saving cause deflation?

16-30. Why would the Bank of Japan pump money into the Japanese economy using tactics similar to the Federal Reserve Bank in the United States? 16-31. What does it mean for Japan to be "weakening" the yen, and how would that happen? Compare and discuss the positive implications and the negative implications for both a strong and a weak yen.