Which of the following best describes how the two axes should be labeled in a model that shows the relationship between borrowers and savers?
Choose 1 answer:
(A) Real interest rate on the vertical axis; quantity of loanable funds on the horizontal axis
(B) Nominal interest rates on the vertical axis; quantity of money on the horizontal axis
(c) Price level on the vertical axis, quantity of loanable funds on the horizontal axis
(D) Exchange rate on the vertical axis; quantity of loanable funds on the horizontal axis
(E) Real interest rate on the vertical axis, quantity of money on the horizontal axis
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