Question
You're given the following two equations representing the market for loanable funds: QL - 11.4 + 2.8r QL = 78.5-3.6r What is the equilibrium
You're given the following two equations representing the market for loanable funds: QL - 11.4 + 2.8r QL = 78.5-3.6r What is the equilibrium real interest rate? Please round to 2 decimal places and do not include any percentage sign. You're given the following two equations representing the market for loanable funds: QL = 17.2 + 2.9r QL - 68.1-3.3r What is the equilibrium quantity of loanable funds? Please round to 1 decimal place.
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
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