In Japan from the 1990s to the late 2000s, the interest rates fell to very low levels. However, this failed to stimulate consumption or investment spending. Use the aggregate expenditure model to explain what might have happened.
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The Answer of In Japan from the 1990s to the late 2000s, the interest rates fell to very low levels. However, this failed to stimulate consumption or investment spending. Use the aggregate expenditure model to explain what might have happened.
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In Japan from the 1990s to the Late 2000s, the Interest