The Great Recession began when housing prices began to decline,followed by a decline in stock prices.A significant financial crisis then occurred in 2008.Using the aggregate demand and aggregate supply model,explain what effect these events had on the economy.

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The Answer of The Great Recession began when housing prices began to decline,followed by a decline in stock prices.A significant financial crisis then occurred in 2008.Using the aggregate demand and aggregate supply model,explain what effect these events had on the economy.

The Great Recession Began When Housing Prices Began to Decline,followed