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I need help understanding these questions QUESTION 6 Uruguay is a small country in Latin America. GDP is 100. Debt is 100. Government spending on

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I need help understanding these questions

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QUESTION 6 Uruguay is a small country in Latin America. GDP is 100. Debt is 100. Government spending on goods and services is 30. Taxes are 30. Interest payments on the debt are 5. GDP is growing at four percent per year. Using this information, the primary deficit is zero 01 02 O 3 None of the above. QUESTION 7 Using the information in question 6 calculate the overall deficit. The answer is. O Zero O 23 0 6 05 None of the above QUESTION 8 Using the information in question 6 calculate debt next year. The answer is. O 100 O 105 O 99.5 1.03 O None of the above. QUESTION 9 Using the information from 6, it follows that the ratio of debt to GDP is Increasing over time O is constant over time Is falling over time We do not have enough information to answer ) Increases and then decreases

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