Explain if your friend Hermann would be more or less

willing to buy a share of Volkswagen stock if:

a$.$ he learns that his wife has been laid off from work

due to reorganization

b$.$ he expects the stock to depreciate

c$.$ the German bond market becomes more illiquid

d$.$ he expects the value of gold to depreciate, and the

German bond market to become more volatile.

$2.$ Explain if Alessandria would be more or less willing to

buy a new car $($for example, a Fiat Panda$)$ under the

following circumstances:

a$.$ She just inherited $200,000$ from her aunt.

b$.$ Prices in the stock market become more volatile.c$.$ She expects car prices to fall.

d$.$ She expects the aerospace company Leonardo's stock

to triple in value next year.