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When Housing Prices Fall,as They Did Beginning in 2006 Following

question 221

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When housing prices fall,as they did beginning in 2006 following the housing market bubble,consumption spending on furniture,appliances,and home improvements ________ as many households found it ________ to borrow against the value of their homes.


Definitions:

Temporal Lobe

A region of the cerebral cortex responsible for processing auditory information and is involved in memory and speech.

Feature Detectors

Neurons in the brain that identify specific features of a stimulus, such as shape, angle, or movement.

Bipolar Cells

Neurons in the retina that transmit signals from the photoreceptors to the ganglion cells.

Blindsight

A phenomenon in which people who are perceptually blind in certain areas of their visual field demonstrate some response to visual stimuli without consciously perceiving them.

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