graphs

Question 1

labour supply and demand graph

Answer 1

x axis: real wage rate
y axis: labour (hours)

Question 2

supply and demand of loanable funds graph

Answer 2

x axis: real interest rate
y axis: quantity of loanable funds

Question 3

money supply and demand graph

Answer 3

x axis: interest rate
y axis: quantity of real money

Question 4

exchange supply and demand graph

Answer 4

x axis: exchange rate
y axis: quantity of dollars

Question 5

aggregate supply and demand graph

Answer 5

x axis: price level
y axis: real GDP

Question 6

MPC graph

Answer 6

x axis: consumption expenditure
y axis: disposable income

Question 7

AE graph

Answer 7

x axis: aggregate planned expenditure
y axis: real GDP