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Based on the Japanese Experience of the 1990s,in the Aftermath

Question 63

Multiple Choice

Based on the Japanese experience of the 1990s,in the aftermath of the 2008-2009 recession,Americans can expect that


A) asset prices will quickly return to their pre-recession levels.
B) fiscal stimulus will promote a quick,sustainable recovery.
C) housing and stock market prices are unlikely to rebound quickly.
D) expansionary monetary policy will result in a period of deflation.

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