According to the data in the table above, real GDP grew at a rate of ________ between year 1 and year 2

Foreign nations' demand for dollars increases as

a. Americans travel abroad b. foreigners purchase American goods c. Americans purchase foreign goods d. Americans buy foreign stocks or bonds e. Americans send cash gifts abroad

If you own a perpetuity of $100 and if the discount rate is 5 percent, then its present value

a. cannot be determined unless we know the number of years b. is $95.21 c. is $105 d. is $2,000 e. is infinite