I think you mean that the output of the gauge is effectively earthed?, the input is 12V
Regulator/instrument voltage stabiliser?, according to the circuit diagram, there isnt one, but that could be an omission.
Ummmmmm. No.
All the gauges have a positive connection, apparently 5V through the regulator. Its common to all the gauges.
The output of the gauges is the movement of the needle, which indicates a variance in the measured value.
The input is the wire from the relevant sender unit which sends a value to the gauge with relativity to earth or 0V, which determines the amount of deviation made by the needle of the gauge. This is for sender units that have a single wire attached to them.
This allows basic tests to be carried out on the gauges.
With the wire from the sender unit disconnected, there should be zero deflection of the associated gauge needle.
If the wire was then connected to the chassis or earth of the vehicle, 0V, the gauge should then show maximum deflection.