From the end of 1989 to the spring of 2003, the Nikkei Index declined in value approximately ________ percent.
A)50
B)60
C)70
D)80
E)90

Question

Quizplus · Accepted Answer

The Nikkei Index experienced a significant decline from the end of 1989 to the spring of 2003, losing approximately 80 percent of its value. This period is often referred to as the "Lost Decade" (or decades) for Japan, characterized by economic stagnation and deflation following the bursting of the asset price bubble in the early 1990s.

From the End of 1989 to the Spring of 2003