Question: PLEASE EXPLAIN ANSWER AND SHOW WORK SO I MAY UNDERSTAND. NO HANDWRITING PLEASE. I WILL GIVE THUMBS UP. THANK YOU. Higher interest rates in the

PLEASE EXPLAIN ANSWER AND SHOW WORK SO I MAY UNDERSTAND. NO HANDWRITING PLEASE. I WILL GIVE THUMBS UP. THANK YOU.

Higher interest rates in the future ---------- the demand for long term bonds and shift the demand curve to the --------- .

  1. Increases, left

  2. Increases, right

  3. Decreases, left

  4. Decreases, right

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