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When Fed Officials Worried About the Possibility of "Japanification" in the United

Question 167

Multiple Choice

When Fed officials worried about the possibility of "Japanification" in the United States, it meant that they were worried that the U.S. economy would:


A) grow faster than the economy of Japan after World War II.
B) accumulate large trade surpluses, like Japan.
C) fall into a period of hyperinflation.
D) fall into a deflationary trap.

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