What recent development has had some critics questioning whether the Japanese economy is truly “miraculous”?
A. The decline in the value of the yen has produced serious trade imbalances.
B. Japanese women have moved to end widespread employment discrimination.
C. Japan entered a recession in the 1990s from which it has yet to emerge.
D. The job security workers have enjoyed has been mandated by the government, rather than driven by the economy.
E. The Japanese market continues to reject international competition.
Answer: C
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