In the 1980s, some states in the United States had significantly more bank failures than other states. What industries did the former states depend on heavily?

The figure above shows the loanable funds market. At an interest rate of

A) 4 percent, the quantity supplied of loanable funds equals $18 trillion. B) 8 percent, the quantity demanded of loanable funds exceeds the quantity supplied. C) 6 percent, the quantity demanded of loanable funds equals $14 trillion. D) 8 percent, there is a surplus of loanable funds. E) 4 percent, there is a surplus of loanable funds.

The nominal interest rate minus the inflation rate equals the real interest rate

Indicate whether the statement is true or false