Why is japan in recession?
Answers
Answer:
Japan is currently (2020) facing a recession due to many occurring circumstances that have caused Japan's economy to slowly spiral down. On December 8, 2009; Japan's government reached an agreement regarding the financial crisis that the country is facing and has chosen to put a stimulus package into action.
Answer:
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Explanation:
Japan is currently facing recession due to the current fall in the economy of the country. However on December 8, 2009; Japan's government reached an agreement regarding the financial crisis that the country is facing and has chosen to put a stimulus package into action. A recession is unlikely in 2020, but possible. The economics profession did not predict most past recessions, so the absence of a downturn in current forecasts cannot be too comforting to business leaders planning operations for the upcoming year.
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