Loanable funds (percent per demanded supplied Real interest Loanable rate funds year)(trillions of(trillions of 2009 dollars) 2009 dollars 0.7 0.9 1.1 1.4 1.7 1.5 1.3 1.1 0.9 0.7 10 6 4 The table above shows the loanable funds supply and demand schedules (a) What are the equilibrium real interest rate and the equilibrium quantity of loanable funds? (b) If the real interest rate is 4 percent, is there a shortage or surplus? (c) What will happen in the market