Is Israel
Yisra'el (yis-raw-ale')
he will rule as God; Jisrael, a symbolical name of Jacob; also (typically) of his posterity: --Israel.
a servant
`ebed (eh'-bed)
a servant -- bondage, bondman, (bond-)servant, (man-)servant.
is he a homeborn
bayith (bah'-yith)
a house (in the greatest variation of applications, especially family, etc.)
yaliyd (yaw-leed')
born -- (home-)born, child, son.
slave why
madduwa` (mad-doo'-ah)
what (is) known?; i.e. (by implication) (adverbially) why? -- how, wherefore, why.
is he spoiled
baz (baz)
plunder -- booty, prey, spoil(-ed).