T (10) Because of automatic stabilizers, various components of the government's budget depend on the level of output, 1'. The following are the main components of that budget: Tax revenues (in millions) =800 million + 0.14Y Transfers (in millions) = 1.000 million 0.05Y Government purchases = 1,800 million Interest payments = 150 million Fullemployment output 2 10,000 million 11 (4 pts) Find the overall government budget decit, the primary deficit; and the full employment budget decit for Y: 8,000 million. 7.3 (4 pts) Assume the total government debt equal to $6,000 million and Nominal GDP is growing at an annual rate of 2.5%. Find the change in the debt to GDP ratio of the countryr and the new debt to GDP ratio. 7'3 (2 pts) Find the largest overall budget deficit that the government can run without raising the debt to GDP ratio