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    Macroeconomics Study Set 57
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    Exam 12: Aggregatedemand and Aggregate Supply
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    When the Housing Bubble Popped in 2007, Combined Demand and Supply
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When the Housing Bubble Popped in 2007, Combined Demand and Supply

Question 156

Question 156

Multiple Choice

When the housing bubble popped in 2007, combined demand and supply side shocks:


A) decreased output.
B) increased investment.
C) decreased unemployment.
D) increased interest rates.

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