0.625 0.5 9.315 m2 n25 m1 0.125 8.Refer to Figure 172. What quantity is measured along the horizontal axis? a. the price level b. the real interest rate c. the value of money :1. the quantity of money 9.Refer to Figure 172. If the relevant moneydemand curve is the one labeled MD], then the equilibrium value of money is a. 0.5 and the equilibrium price level is 2. b. 2 and the equilibrium price level is 0.5. c. 0.5 and the equilibrium price level cannot be determined om the graph. d. 2 and the equilibrium price level cannot be determined from the graph 10.Refer to Figure lTZ. If the relevant moneydemand curve is the one labeled MDl, then a. when the money market is in equilibrium, one dollar purchase; onehalf of a basket of goods and services. b. when the money market is in equilibrium, one unit of goods and services sells for 2 dollars. c. there is an excess demand for money ifthe value ofmoney in terms ofgoods and services is 0.3?5. d. All of the above are correct. 1].Refer to Figure 17-2. Which ofthe foilowing events could explain a shi ofthe moneydemand curve from W1 10 TMDE? an increase in the value of money a decrease in the price level an openmarket purchase of bonds by the Federal Reserve None ofthe above is correct. P'F'P'F\