Figure 21-2. 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 21-2. 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 21-2. 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 21-2. 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.