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The equation showing the demand curve in a one-year bond market is P = -0.6Qd + 1140; The equation showing the supply curve is P
The equation showing the demand curve in a one-year bond market is P = -0.6Qd + 1140; The equation showing the supply curve is P = Qs + 700. Accordingly, calculate the equilibrium price (Pe) and the equilibrium quantity (Qe) in this bond market.
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