When USHousing Prices Declined Prior to and During the Great Recession,it

Multiple Choice

When U.S.housing prices declined prior to and during the Great Recession,it caused aggregate demand to decrease because

A) the government raised interest rates to prevent inflation.
B) household wealth decreased,causing a decline in consumer spending.
C) the U.S.population and labor force declined abruptly.
D) the government refused to allow the money supply to increase.
E) the government raised taxes and decreased spending.