Compared to the United States,Japan's experience with monetary targeting during the 1978-1987 period performed

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Quizplus · Accepted Answer

Japan's experience with monetary targeting during the 1978-1987 period was generally more successful than that of the United States, as it managed to achieve lower inflation rates and smaller output fluctuations. This was due in part to Japan's more disciplined approach to monetary policy and its focus on long-term economic stability.

Compared to the United States,Japan's Experience with Monetary Targeting During