![Imagine that there is an excess supply in the market for bonds. Draw supply and demand graphs for bonds and explain whether the bond price is above or below the equilibrium. Also, Imagine that there is an excess supply in the market for bonds. Draw supply and demand graphs for bonds and explain whether the bond price is above or below the equilibrium. Also,](https://homework.study.com/cimages/multimages/16/deepanshi23599694255580346857.jpg)
Imagine that there is an excess supply in the market for bonds. Draw supply and demand graphs for bonds and explain whether the bond price is above or below the equilibrium. Also,
![Draw a supply and demand curve, label X & Y axis and show equilibrium. Show shortage and surplus and why they exist, add ceiling and floor, use examples to describe. | Homework.Study.com Draw a supply and demand curve, label X & Y axis and show equilibrium. Show shortage and surplus and why they exist, add ceiling and floor, use examples to describe. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/14_2__012327095737921515046.jpg)
Draw a supply and demand curve, label X & Y axis and show equilibrium. Show shortage and surplus and why they exist, add ceiling and floor, use examples to describe. | Homework.Study.com
![At a given price there is excess demand a good. Explain how the equilibrium price will be reached. Use diagram. At a given price there is excess demand a good. Explain how the equilibrium price will be reached. Use diagram.](https://meritnation-question-images.s3.ap-southeast-1.amazonaws.com/toppr_ext/questions/1097853_958812_ans_22e17f25215c4a939b61fc410631f508.png)