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A business cycle upturn increases business investment opportunities, shifting the bond supply curve to the (Click to select) . Because wealth increases, the bond demand
A business cycle upturn increases business investment opportunities, shifting the bond supply curve to the (Click to select) . Because wealth increases, the bond demand curve shifts to the (Click to select) . If the supply shift dominates, equilibrium bond prices (Click to select) and yields (Click to select) . The equilibrium quantity of bonds outstanding (Click to select) .
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