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    Economics Principles and Policy Study Set 1
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    Exam 37: Exchange Rates and the Macroeconomy
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    If Japan Experiences a Period of Deflation and the United
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If Japan Experiences a Period of Deflation and the United

Question 123

Question 123

Multiple Choice

If Japan experiences a period of deflation and the United States does not, what will happen in the United States?


A) an increase in aggregate supply 
B) a decrease in aggregate supply 
C) a decrease in aggregate demand 
D) an increase in aggregate demand

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