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Figure 21-2

question 364

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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. 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
-Refer to Figure 21-2. What is measured along the horizontal axis of the left-hand graph?


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