. Due in Unit 4 Worth 2.5% of final grade -100 grade points Questions 1. Economic data shows housing markets in Canada was very strong since the second quarter of the 2020. Refer the following data about investment in building construction from Statistics Canada. Why do you think housing market was strong during the mentioned period? How did the observed trend in the housing market change the aggregate demand and GDP? (15 points) YORKVILLE UNIVE WWW.YORKVILLEU.CA millions of dollars 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 June June 2016 2017 2018 2019 2020 2021 Current dollars Constant dollars (2012) e that unemployment rate