Answer:
A Tragedy.
Explanation:
Bottom is given the part of 'a lover that kills himself, most gallant, for love.' And he's thrilled to be part of it. Thus, he believed it was a tragedy.
The analogy is meant to show parallels between two sets of words. Fertile is to arable as vague is to clouded. If you understand either pair it can be used to decipher the meaning of the other pair you don't know.
Gatsby wanted the impossible out of daisy, he wanted nothing more she could give but nothing less that was hard to give