GEB 3375 Chapter 7 Questions and Answers Solved 100%

As economies move toward greater privatization, there is a greater likelihood of facing the phenomenon that Japan faced due to the stock market collapse. Privatization transfers assets _____. - Answer-from state to private owners Deflation occurs when consumers expect prices to _____. - Answer-be lower tomorrow than today In 1989, Japan was an economic superpower; it was _____. - Answer-the second-largest economy Japan and other market-based economies enjoy economic growth, but also face greater risks due to _____. - Answer-deregulation The Japanese government has tried to stimulate the economy by _____. - Answer-cutting interest rates to zero and investing in infrastrucure The major cause/causes of the economic problems that Japan faces is/are the _____. - Answer-low birthrate and more retired people