Which of the following are correct about loanable fund theory?
A. Dishoarding is a major source of supply of loanable funds.
B. Demand for hoarding is inversely related to the interest rate.
C. Equality between demand and supply of loanable funds is the only condition required for a stable equilibrium.
D. Wicksell was one of the propounders of the theory.
E. It introduced monetary factors into the theory of interest.
Choose the correct answer from the options given below:
1
A, B and D only
2
C, D and E only
3
B, D and E only
4
A, D and E only