8. Apply the model of supply and demand for bonds to explain the impact of each of the following on the equilibrium quantity of bonds outstanding and on equilibrium bond prices and yields (show graphically): a. A new website is launched facilitating the trading of corporate bonds with much more ease than before. b. Inflationary expectations in the economy fall, evoking a much stronger response from issuers of bonds than investors in bonds. C. All leading indicators point to stronger economic growth in the near future. The response of bond issuers dominates that of bond purchasers. d. Sustainable peace is reached around the world, reducing military spending by the U.S. government. How would you expect this development to affect the U.S. bond market? e. Assume that sometimes savers invest in bonds and sometimes in real estate. Use the S/D model for bonds to determine the impact on bond prices and yields, if expectations increase that the real estate market is going to weaken