During the 1990s japan experienced periods of deflation


During the 1990s, Japan experienced periods of deflation and low nominal interest rates that approached zero percent. Why would lenders of funds agree to a nominal interest rate of almost zero percent? (Hint: Were real interest rates in Japan also low during this period?)

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Accounting Basics: During the 1990s japan experienced periods of deflation
Reference No:- TGS01370370

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