Module 3-书（2022-L1V2）P154-Example 7-(1)Solution to 4的最后一句话，怎么理解？The increase in output and expenditure should be positive for equities. But it will be negative for existing fixed-income investments because higher interest rates will be required to induce investors to buy and hold the government debt issued to fund the new projects. (2)Solution to 5的最后一句话，怎么理解？为什么对于fixed income securities是positive的，对于equities 是negative的？

市场的权重中分子的1万为什么不跟无风险资产权重中的1万一样是负数，而是正数？

A怎么翻译

Module 3-书（2022-L1V2）P153-Example 7-Solution to 3的最后一句话，怎么理解？什么是upward pressure, 什么是downward pressure?

权重的分母不应该是3万吗？为什么是2万？

Module 3-书（2022-L1V2）P153-Example 7-Solution to 2-(1)为什么higher economic activity (income/output) will cause upward pressure on interest rates and may have a negative effect on fixed-income securities. (2)Solution to 2最后一句话中的have a positive effect on equity securities. 怎么理解？

Module 3-书（2022-L1V2）P153-Example 7-Solution to 1-(1)为什么the reduction in real money balances 会增加interest rates 并减少lending within the banking system. (2)为什么由于利率的上升，fixed-income securities 的价格会跌 (3)Solution to 1最后一句话怎么理解？

Module 3-书P155-第二段中的这部分，不太理解：With the real money supply held constant, the interest rate must rise as income increases. The increase in the interest rate reduces the demand for money at each level of expenditure/income and, therefore, allows expenditure/income to increase without an increase in the money supply. 另外，下方的Exhibit 18不太好理解，请解析。

Module 3-书（2022-L1V2）P153-第二段-In the case of an increase in the money supply, the interest rate declines at each price level. 为什么利率是下降而不是上升的？另外，想问一下，为什么货币供给上升，会导致这个产品的价格下降？

Module 3-书（2022-L1V2）P152-第一段-The aggregate supply curve will steepen, and prices will increase to P3 while output declines to Y3. 但是根据Exhibit 16, P3与SRAS的相交点，所对应的output并没有落在Y3，而是在Y3的稍偏左？