The market for money is depicted with the value of money on the vertical axis and the quantity of money on the horizontal axis; long-run equilibrium is achieved when the quantity demanded and quantity supplied of money are equal as the value of money rises.
The term “market” refers to the exchange of commodities and services. A market mainly involves the buyer and seller. There are many types of markets, such as perfect competition, monopoly markets, monopolistic competition, and oligopoly markets.
According to the money market are the based on the value of money on the vertical axis and the quantity of money on the horizontal axis, are the equilibrium is value of the money are the rises.
As a result, the money is equal as the value of money rises.
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