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9. The graph below shows the bond market in China. It is clearly in disequilibrium: There bonds 03 02 01 Qbonds is a shortage of

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9. The graph below shows the bond market in China. It is clearly in disequilibrium: There bonds 03 02 01 Qbonds is a shortage of bonds for sale. a. The Chinese public clearly wants to buy more bonds than are currently available on the market. Explain carefully how the Chinese public will react to the scarcity of bonds to purchase? b. How will Chinese corporations react? c. How will behavior of the public and the corporations actually lead to market equilibrium at Pe

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