In neoclassical interest-rate theory for instance, the interest rate is believed to be determined by the supply of and demand for loanable funds.

例如，在新古典利率理论中，利率被认为是由可贷资金的供给和需求决定的。

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A liquidity trap can occur whenever there is a sharp reduction in demand for loanable funds-which is exactly what happened during the Great Depression.

只要对可贷资金的需求出现急剧下降，流动性陷阱就会发生——这正是大萧条期间所发生的事情。

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Describe supply and demand in the market for loanable funds and the market for foreign-currency exchange. How are these markets linked?

说明可贷资金市场与外汇市场的供给与需求，这两个市场如何联系？

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