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Which of the following is a false statement about Japan's economic development after WWII? Japan imitated the American-style, high consumption-driven growth model Japan developed an

  1. Which of the following is afalse statementabout Japan's economic development after WWII?
  2. Japan imitated the American-style, high consumption-driven growth model
  3. Japan developed an export-driven growth model.
  4. Japanreduced domestic consumption and has very large public debt
  5. The government saved a lot of money because it did not have military expenditures.

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