An increase in the nation's wealth, all other factors constant, would cause:

Name: An increase in the nation's wealth, all other factors constant, would cause:
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An increase in the nation's wealth would increase demand for bonds and decrease the supply of bonds, which would cause bond prices to rise and yields to decrease. This shift in demand and supply would result in a rightward shift of the bond demand curve and a leftward shift of the bond supply curve.

An Increase in the Nation's Wealth, All Other Factors Constant