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You're given the following two equations representing the market for loanable funds: Q L = 15.8 + 2.9r Q L = 84.8 - 2.5r What

You're given the following two equations representing the market for loanable funds:

QL = 15.8 + 2.9r

QL = 84.8 - 2.5r

What is the equilibrium quantity of loanable funds? Please round to 1 decimal place.

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