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From 1999 to 2002, the Japanese Inflation Rates Were, Respectively

Question 138

Multiple Choice

From 1999 to 2002, the Japanese inflation rates were, respectively, -0.3%, -0.6%, -0.7%, and -0.7%. During this time, the Japanese economy underwent:

A) inflation.
B) hyperinflation.
C) a rise in its price level.
D) deflation.

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