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One important explanation for the Japan's economic slump over the last three decades is that an increase in expected deflation ________ the nominal interest rate

One important explanation for the Japan's economic slump over the last three decades is that an increase in expected deflation ________ the nominal interest rate and ________ the real interest rate, so that investment and consumption __________ further. A. lowers; raises; declines B. raises; lowers; rises C. lowers; lowers; declines D. raises; raises; rises

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