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Japan has undergone a long duration of stagnation for its economy for decades. One of the factor of this overdue event is because of deflation.

Japan has undergone a long duration of stagnation for its economy for decades. One of the factor of this overdue event is because of deflation. As a group of economists, identify and briefly explain the factors of deflation for Japan and suggest ways to the Government of Japan to overcome this problem.

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  • You may include additional information that are related to the deflation crisis in Japan that may not answering directly to the question.

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