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You're given the following two equations representing the market for loanable funds: Q L = 11.6 + 2.8r Q L = 97.5 - 4r What
You're given the following two equations representing the market for loanable funds:
QL = 11.6 + 2.8r
QL = 97.5 - 4r
What is the vertical-intercept value? Please round to 1 decimal place.
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