News Analysis: Measuring the Financlal Health of the U.S. Government 2. Catculating the debt to GDP ratio Suppose the foltowing statistics characterize the financial health of the hypothetical economy Spfurgium of the end of 2017 : - Gross domestic product (GDP) is equal to $140 blillon. - The national debt is equal to $196 billion. - The government has a budget deficit of $7 bilion. - The debt celling in Splurglum is set at $217 bililon. The following calculations help you seve how the ratio of dobt to GDP thanges from one year to the next. Complefe the first row of the following tabie by computing the rafio of nationat debt to GDP, Suppose that nominal GDP remains at $140 bilion in 2018 , and again the qovernment runs a budget deficit of $7 billion. For simplicty, assume the interest rate on the netional debt is 0%, and no payments are being made to reduce the debt. Now that the governments national debt has been growing for several years, investars have became worried that the government might defout on its debt-that is, might refuse to pay back the investors. As a result, the investors are now willing to lend to the government only if they receive an interest rate of 20%. If the gowernment runs a budget defiet of $10 buition in 2019 , the national debt will increase by bilitan. True of false: At the end of 2019 , the government of Splurgium will exceed the logal limit on how much it can berrow. True: Fateso