_________________ means that each unit of saved time is more valuable than the last unit

How would you define a DD schedule?

A) the combinations of output and the exchange rate that must hold when the home money market and the foreign exchange market are in equilibrium B) the combinations of output and the exchange rate that must hold when the output market is in short-run equilibrium C) factors of production in the long run D) the aggregate demand in relation to the foreign market value E) the currency depreciation in relation to the exchange rate

Refer to Table 10.1. The value of the government purchases multiplier in this economy is

A) 0.2. B) 0.8. C) 4. D) 5.