The Japanese economy has been consistently weak throughout the 1990s.This has caused a slight deflation, illustrating the

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The fact that the Japanese economy has been consistently weak throughout the 1990s suggests that its self-correcting mechanism is very slow. This is because despite the prolonged period of weakness, there has only been slight deflation, illustrating the slow operation of the economy's self-correcting mechanism. Negligible cost of eliminating inflation, tendency of inflation to accelerate during recessions, and the rapidity with which inflation can be stopped are not relevant to this scenario.

The Japanese Economy Has Been Consistently Weak Throughout the 1990s