The reasons for deflation in Japan for almost 2 decades beginning early 1990s could be attributed to______.

Unfavourable demographics

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Tight monetary policy

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Increasing asset prices

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All of the above

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Solution

The correct options are
A
Unfavourable demographics

B
Tight monetary policy

Aging population and tight monetary policy are some of the reasons for deflation in Japan apart from falling asset prices during the given period.

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Deflation can be attributed to______.

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