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The Deflationary Conditions in Japan from 1995 to 2002 Were

Question 15

Multiple Choice

The deflationary conditions in Japan from 1995 to 2002 were a result of


A) a rapid expansion in the money supply.
B) highly restrictive monetary policy.
C) a decline in government spending as a percent of GDP.
D) the persistently large budget surpluses of the central government.

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