Figure 34-2.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 34-2.What does Y represent on the horizontal axis of the right-hand graph?
Definitions:
Japanese Yen
The official currency of Japan, commonly abbreviated as JPY.
Japanese Automakers
Automotive manufacturers based in Japan, known for their innovation, efficiency, and reliability in the global car market.
Spot Trade
A transaction that involves the immediate exchange of one commodity or currency for another at the current market price.
Export Development Canada
A Canadian government agency that provides insurance and financial services, among others, to help Canadian exporters and investors expand their international business.
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