Multiple Choice
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. Suppose the relevant money-demand curve is the one labeled MD2; also suppose the velocity of money is 2. If the money market is in equilibrium, then the economy's real GDP amounts to
A) 4,761.9.
B) 9,523.8.
C) 5,250.0.
D) 10,000.0.
Correct Answer:
Verified
Correct Answer:
Verified
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