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The Demand for Capital Is QD = 100 - 20r

Question 90

Multiple Choice

The demand for capital is QD = 100 - 20r and the supply of capital is QS = 12r - 28, where r is the interest rate and Q is the quantity of capital in millions of dollars. The equilibrium quantity of capital is ____.


A) 32
B) 213
C) 20
D) 80

Correct Answer:

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