Which of the following led to a strong demand for commercial real estate in Japan in the mid-1980s,resulting in soaring real estate prices?
A) low interest rates set by the Bank of Japan combined with optimism of continued strong economic growth
B) high interest rates of the period along with the adoption of higher credit and borrowing standards
C) stagnant stock market prices that induced investors to shift investments from stocks to real estate
D) a historically-sluggish economy that was showing signs of recovery and future economic growth
Correct Answer:
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