If you 20 scheduled to receive a $15,000 payment in three years and the imerest rate is 5%, then the present value of this $12.95% $14,286 S40,192. S13.605 D View Feedback 0/1 point Question 6 What is the present value of a nation's net external wealth? It is the average real income per capita times the average work span times the rate of economic growth It is the present and future real GDP discounted to present value It is the sum (discounted to the present of future trade deficits or surpluses It is gold, plus outstanding currency,plus foreign currency reserves in the nation View Feedback Question 12 0/1 point The long-run budget constraint for an open economy implies that to maintain consumption smoothing, temporary 19 reduction in GDP will be met by am) change in consumption equal but temporary smaller but permanent larger but temporary pat and permanent