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You're given the following two equations representing the market for loanable funds: QL= 11.1 + 3.4r QL= 79.6 - 2.7r What is the horizontal-intercept value?
You're given the following two equations representing the market for loanable funds:
QL= 11.1 + 3.4r
QL= 79.6 - 2.7r
What is the horizontal-intercept value?Please round to 2 decimal places.
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