Figure 30-2
In the graph, MS represents the money supply and MD represents money demand. The vertical axis is the value of money measured as 1/P and the horizontal axis is the quantity of money. 
-Refer to Figure 30-2. If the relevant money-demand curve is the one labeled MD2, then the equilibrium value of money is
A) 0.525 and the equilibrium price level is 1.9.
B) 1.9 and the equilibrium price level is 0.525.
C) 0.525 and the equilibrium price level cannot be determined from the graph.
D) 1.9 and the equilibrium price level cannot be determined from the graph.
Correct Answer:
Verified
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Q141: Figure 30-3
On the following graph, MS represents
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