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4 November, 10:53

Put the phrases in order from first to last to best illustrate the progression of a properly functioning loanable funds market. Group of answer choices A. Investment requires borrowing; B. borrowing requires saving; C. output (GDP) requires investment Borrowing requires saving; D. investment requires borrowing; E. output (GDP) requires investment

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  1. 4 November, 10:57
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    Following is the order from first to last

    Explanation:

    Progression of a properly function loanable funds is a step by step procedure if one step fails the functions of loanable funds cannot proceed further.

    The first step is Borrowing requires saving

    The second step is investment requires borrowing

    The last step is output (GDP) requires investment

    The first is borrowing followed by investment and the output GDP.
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