Which of the Following Is a Similarity Between the Japanese

question 14

Multiple Choice

Which of the following is a similarity between the Japanese experience of the 1990s and the U.S.in 2008-2009?

• A)Both responded to an economic downturn with higher taxes designed to balance the budget.
• B)Both responded to an economic downturn with reductions in government spending designed to balance the budget.
• C)Both responded to an economic downturn with expansionary fiscal policy.
• D)Both responded to an economic downturn with expansionary monetary policy.

---

Definitions:

Diffusion

The process by which a new idea, product, or behavior spreads within a population.

Professionals

Skilled individuals who work in a specific profession, often requiring specialized knowledge and prolonged academic preparation.

Diffusion

The process by which an innovation, idea, or behavior spreads within a population or societal system.

Richard Walton

A notable figure in the field of industrial relations, known for his contributions to labor management and organizational behavior.