In the Liquidity-Preference Model, the Nominal Interest Rate Is Represented

Multiple Choice

In the liquidity-preference model, the nominal interest rate is represented on the vertical axis and the quantity of money is represented on the horizontal axis.Hence,

A) the money demand curve slopes downward and the money supply curve is vertical.
B) the money demand curve slopes upward and the money supply curve is horizontal.
C) both the money demand and money supply curve slope downward.
D) both the money demand and money supply curve slope upward.