Figure 34-2.On the left-hand graph,MS represents the supply of money and MD represents the demand for money;on the right-hand graph,AD represents aggregate demand.The usual quantities are measured along the axes of both graphs.
.
-Refer to Figure 34-2.What is measured along the horizontal axis of the left-hand graph?
A)nominal output
B)real output
C)the opportunity cost of holding money
D)the quantity of money

Question

Figure 34-2.On the left-hand graph,MS represents the supply of money and MD represents the demand for money;on the right-hand graph,AD represents aggregate demand.The usual quantities are measured along the axes of both graphs.
. 
-Refer to Figure 34-2.What is measured along the horizontal axis of the left-hand graph?
A)nominal output 
B)real output 
C)the opportunity cost of holding money 
D)the quantity of money

Quizplus · Accepted Answer

The horizontal axis of the left-hand graph measures the quantity of money.