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Exhibit: The Bond Market Bond price $900 $850 Si a decrease in the interest rate. S Q Q Quantity of bonds per period (Face value
Exhibit: The Bond Market Bond price $900 $850 Si a decrease in the interest rate. S Q Q Quantity of bonds per period (Face value = $1,000; maturity = 1 year) an increase in borrowing. a decrease in lending. a decrease in borrowing. Di (Exhibit: The Bond Market) A movement from S, to S, means there was
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