The narrator calls Della and Jim the magi because:
O
wise people buy nice presents for their loved ones.
they know the true meaning of love, sacrifice, and gift giving.
None of the choices are correct.
they didn't appreciate their possessions.
they are unwise for sacrificing their greatest treasures.
The narrator regards Jim and Della as wise because they understand that material possessions do not matter and that unselfish love is the key to happiness.