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Between the Third and Fourth Quarter of 2006 the Housing

question 34

Essay

Between the third and fourth quarter of 2006 the housing bubble burst in the United States.Using the AS/AD framework to discuss the impact of this macroeconomic event,begin and end in the long run.


Definitions:

Diencephalon

A division of the brain located between the cerebral hemispheres and brainstem, encompassing structures such as the thalamus and hypothalamus.

Midbrain

The middle portion of the brainstem that plays a role in vision, hearing, motor control, sleep/wake, arousal (alertness), and temperature regulation.

Epithalamus

A portion of the diencephalon in the brain, involved in linking the limbic system to other parts of the brain and regulating hormones and circadian rhythms.

Habenula

The habenula is a small region in the brain involved in regulating sleep-wake cycles, reproductive behavior, and stress responses.

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