Exam #1

THE SLOPE WAS .84 - .21 = .63 = slope 10/15/15. WHICH IS LOWER THAN A YEAR EARLIER WHICH IMPLIES A WEAKER ECONOMY MOVING FORWARD 2) (30 points) Skipped 3) (50 points) a)(10 points) In the space below, draw a bond market diagram and . explain. why bond demand has the slope that it has and . explain. why bond supply has the slope that it has. ................
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