Which of the Following Is a Similarity Between the Japanese

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

A) Stable real estate and stock market prices eventually led to an economic downturn.
B) Both Japan and the U.S.tightened lending standards and this eventually led to a substantial decline in real estate prices.
C) The collapse of stock and real estate prices led to the failure of highly leveraged banking and financial institutions.
D) Neither Japan nor the U.S.had experienced a recession since the time of the Great Depression.