Question 2: How do you think the trading volume and price of bonds has changed because of Covid-19? Explain your answer. Question 3: True or false, explain you answers. a. Lenders sell bonds, and borrowers buy them. b. An increase in reserve requirements raises the reserve ratio and decreases the money supply. c. When the government runs a budget deficit, interest rates rise, and investment falls. d. Joan uses some of her income to buy mutual fund shares. A macroeconomist would refer to Joan's purchase as investment. Question 4: How would a tax on bond held by individuals affect the demand for money, interest rate, investment, aggregate demand, price and real GDP? Question 5: Assume COVID-19 causes people to keep more cash in checking accounts rather than financial markets. How this would change interest rate, investment, AD, GDP, Unemployment and price level