"High borrowing costs led to low level of business investment spending" a headline in Greece newspaper announced recently. How would this be shown graphically in the Loanable Funds framework?

Select one:

a. A point very low on the supply curve for loanable funds.

b. A very steep or elastic demand curve of loanable funds.

c. A point very high on the demand curve of loanable funds.

d. A shift outward of the supply curve of loanable funds.