Suppose that a person's wealth is $50,000 and that her yearly income is $60,000. Also suppose that her money demand function is given by: Mᵈ = $60,000(0.25-i) Calculate the demand function for bonds, Bᵈ Bᵈ = ▢ - ▢ x (▢)Suppose the interest rate increases by 10 percentage points. As a result, the demand for bonds ________A. decreases by 15% B. remains unchanged. C. increases by $6,000 D. decreases by $6,000. In view of the above demand functions for money and bonds, one can conclude that an increase in wealth increases ______A. the demand for bonds but has no effect on the demand for money. B. both the demand for money and the demand for bonds C. the demand for money but has no effect on the demand for bonds. D. the demand for bonds but decreases the demand for money.