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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
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: Choose 1 answer: (Choice A) Real interest rate on the vertical axis; quantity of loanable funds on the horizontal axis A Real interest rate on the vertical axis; quantity of loanable funds on the horizontal axis (Choice B) Real interest rate on the vertical axis, quantity of money on the horizontal axis B Real interest rate on the vertical axis, quantity of money on the horizontal axis (Choice C) Nominal interest rates on the vertical axis; quantity of money on the horizontal axis C Nominal interest rates on the vertical axis; quantity of money on the horizontal axis (Choice D) Price level on the vertical axis, quantity of loanable funds on the horizontal axis D Price level on the vertical axis, quantity of loanable funds on the horizontal axis (Choice E) Exchange rate on the vertical axis; quantity of loanable funds on the horizontal axis E Exchange rate on the vertical axis; quantity of loanable funds on the horizontal axis
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