Both in economics and in other areas, the horizontal axis - if that is what you mean - is quite often used for time. On the other hand, if the axis is actually labelled "x", it simply refers to an independent variable.
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When you with respect to the x-axis then this is like saying with reference to the x-axis. You are using the x-axis as a guide.
The y axis is referred to as the ordinate axis The x axis is called the abcissa
X goes on the x-axis, and y goes on the y-axis....
the z axis is at right angles to both the x and the y axis. All 3 axis pass through the origin.
(0,0) that is the point where the x axis and y axis intersects at Known as the "origin".