1 According to Friedman "Inflation is always and everywhere a monetary phenomenon ".Explain it by using diagram Q2). How is the rate of interest determined according to Loanable Fund framework of interest rate? What are the main factors that cause shifting of demand and supply curve under above mentioned approach? Q3) a .Under what situations, current yield better approximate yield to maturity? b. Write down the formula that is used to calculate the yield to maturity on 20 years maturity period ,10 % coupon bond with 1000$ face value that sells for $12000.? Note: Kindly Explain with graphs