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15) What is the yield of a $500 bond with an interest rate of 8% if it is purchased for $300, $500, and $700? 16)

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15) What is the yield of a $500 bond with an interest rate of 8% if it is purchased for $300, $500, and $700? 16) Construct a loanable funds graph and depict each of the following changes: a. Consumers expect the stock market to lose value. b. Consumers expect the housing market to boom. Consumers decrease their % of income spent on goods and services. d. Interest on savings accounts drop from 3% to 1%. 17) What does a Lorenz curve depict? How is it related to the Gini coefficient

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