Problem 6 Suppose that a person's wealth is $50,000 and that her yearly income is $60,000. Also suppose that her money demand function is given by Md = $Y(0.3 - 1) a) Derive the demand for bonds. Suppose the interest rate increase by 10 percentage points. What is the effect on her demand for bonds? b) What are the effects of a increase in wealth on her demand for money and her demand for bonds? Explain in words. c) What are the effects of a increase in income on her demand for money and her demand for bonds? Explain in words