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You're given the following two equations representing the market for loanable funds: Q L = 18.8 + 2.8r Q L = 56.7 - 3r What
You're given the following two equations representing the market for loanable funds:
QL = 18.8 + 2.8r
QL = 56.7 - 3r
What is the horizontal-intercept value of the supply of loanable funds curve? Please round to 2 decimal places.
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