Figure 12-3. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes.

-Refer to Figure 12-3. What quantity is measured along the vertical axis?
A) the price level
B) the velocity of money
C) the value of money
D) the quantity of money
Correct Answer:
Verified
Q57: A decrease in the money supply creates
Q67: When the money market is drawn with
Q81: Figure 12-1 Q81: Economic variables whose values are measured in Q82: Figure 12-2. On the graph, MS represents Q83: Figure 12-2. On the graph, MS represents
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