Studies indicate that the supply and demand schedules for ties t ) and jackets j ) in a market are as • td=410−5Pt−2Pj • ts=−60+3Pt • jd=295−Pt−3Pj • s=−120−2Pj • The estimates of the schedules are valid only for prices at which quantities are positive. a) Find the equilibrium prices and quantities for ties and jackets. b) Do the demand schedules indicate that jackets and ties are substitute goods, complementary goods, or independent goods in consumption? How do you know?

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve