Refer to the Following Graph to Answer the Following Questions

question 13

Multiple Choice

Refer to the following graph to answer the following questions:
-Assuming the figure represents the market for loanable funds,it would be true that

• A) line 1 represents savings (supply),and line 2 represents investment (demand).
• B) the vertical axis represents the interest rate,and the distance between points C and D represents the surplus of loanable funds at interest rate A.
• C) line 1 represents investment demand,and line 2 represents savings.
• D) the vertical axis represents the quantity of funds lent and borrowed,whereas the distance between points C and D represents the shortage of loanable funds at interest rate A.
• E) line 1 represents the interest rate,and line 2 represents the quantity of savings.

---

Definitions:

Mass

A measure of the amount of matter in an object, typically in units of kilograms or grams.

True Value

The actual or accurate value which scientific measurements aim to approximate.

Accurate

The accuracy of a measurement, calculation, or specification in relation to the true value or an agreed-upon standard.

Mass

A measure of the amount of matter in an object, usually measured in grams or kilograms.