As a Result of the Housing-Market Crash

question 5

Multiple Choice

As a result of the housing-market crash:

• A) both aggregate demand and aggregate supply shifted to the left.
• B) both aggregate demand and aggregate supply shifted to the right.
• C) aggregate demand shifted to the left, and aggregate supply shifted to the right.
• D) aggregate demand shifted to the right, and aggregate supply shifted to the left.

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Definitions:

Lasagna

A traditional Italian dish made with layers of flat pasta alternating with fillings such as ragù (meat sauce), vegetables, cheese, and seasonings and sauces.

Analogical

Pertaining to or based on analogy, the comparison between two things for the purpose of explanation or clarification.

Symbolic

Relating to or characterized by symbols or symbolism, often representing something abstract in concrete form.

Analogical Representation

The mental depiction of one idea based on the structure or details of another, analogous situation.