From 2006 to 2008 There Was a Dramatic Fall in the Price

question 5

Multiple Choice

From 2006 to 2008 there was a dramatic fall in the price of houses.If this fall made people feel less wealthy,then it would have shifted

• A)aggregate demand right.
• B)aggregate demand left.
• C)aggregate supply right.
• D)aggregate supply left.

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture in pursuit of profit and innovation.

Experiences

Events or occurrences that leave an impression on someone, often contributing to their knowledge or skill set.

Angel Investor

A wealthy individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity.

Debt Financing

The process of raising operational funds or capital by borrowing, which typically involves the issuance of bonds, bills, or notes payable to lenders.