Refer to the following graph to answer the following questions: 
-Assuming the figure represents the market for loanable funds
A) line 1 represents savings and point A would be a quantity supplied of loanable funds.
B) line 1 represents investment demand and point C represents a quantity of loanable funds.
C) the vertical axis represents investment demand because investment demand is completely inelastic.
D) the horizontal axis represents the quantity of loanable funds and interest rate B represents a higher-than-equilibrium interest rate.
E) line 1 represents savings and point C represents a quantity supplied of loanable funds.
Correct Answer:
Verified
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