Which of the following was true of Japan during the 1990s?
A) Japan followed an expansionary fiscal policy but it did not lead to a quick recovery.
B) Japan followed an expansionary monetary policy,but it did not lead to a quick recovery.
C) The monetary policy of Japan during the 1990s was highly expansionary.
D) The fiscal policy of Japan during the 1990s was highly restrictive.
Correct Answer:
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