When Japan Experienced Deflation in the 1990s and 2000s, Japan's

question 234

Multiple Choice

When Japan experienced deflation in the 1990s and 2000s, Japan's

• A) capital stock grew more rapidly that during the decades that Japan experienced inflation..
• B) real wage rate fell.
• C) investment decreased so that its capital stock grew more slowly.
• D) money growth rate soared.

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