Figure 34-2

Multiple Choice

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.
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-Refer to Figure 34-2.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