Use the model of supply and demand for bonds to illustrate and explain the impact of each of the following on (a) equilibrium quantity of bonds (b) equilibrium prices and (c) yields. make sure you support your answer by explaning "why" those effects occur. be as specific as you can be.

a. Inflationary expectations in the economy fall which is results in a much stronger response from bond issuers than investors.

b. Data shows that the real estate market is going to weaken.