Following the Collapse of Its Housing and Stock Markets Around

question 26

Multiple Choice

Following the collapse of its housing and stock markets around 1990,the Japanese government ________.

• A)effectively managed the crisis,limiting the damage to the Japanese economy
• B)took only limited action in response to the crisis
• C)was able to rely on private initiatives in quickly reversing the course of GDP in the 1990s
• D)fixed the value of the yen to the Euro and pursued an aggressive monetary policy

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Definitions:

Grain

Small, hard seeds of cereal plants like wheat and rice, consumed as food.

Abbreviation

A shortened form of a word or phrase, used typically to save space or for convenience.

Ratio

Shows the relative sizes of two or more values.

Quart

A unit of liquid volume equivalent to a quarter of a gallon, or approximately 0.946 liters.