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    The Economics of Money Banking Study Set 1
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    Exam 5: The Behavior of Interest Rates
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    In the 1990s Japan Had the Lowest Interest Rates in the World
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In the 1990s Japan Had the Lowest Interest Rates in the World

Question 14

Question 14

Multiple Choice

In the 1990s Japan had the lowest interest rates in the world due to a combination of


A) inflation and recession.
B) deflation and expansion.
C) inflation and expansion.
D) deflation and recession.

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