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Japan experienced a strong economic boom in the late 1980's which came to an end by 1989. As mentioned in the lecture notes, deflation emerged
Japan experienced a strong economic boom in the late 1980's which came to an end by 1989. As mentioned in the lecture notes, deflation emerged in the Japanese economy and led to slow economic growth for the next decade. List and discuss 1-2 factors that led to the deflationary process in Japan
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