Figure 17-2. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes.
-Refer to Figure 17-2. What quantity is measured along the horizontal axis?

Question

Figure 17-2. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes. 
-Refer to Figure 17-2. What quantity is measured along the horizontal axis?

Quizplus · Accepted Answer

The horizontal axis of the graph measures the quantity of money in the economy, as represented by the variable MS (money supply).