This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Read our full range of US High School economics picks here.

Specification:

Click to read the article below and then answer the questions:

Japan struggles to adapt to an era of rising prices

  • Why did Japanese consumers change their vegetable purchases?

  • How do wage increases compare to the change in consumer prices? What does this mean is happening to real wages?

  • Why does saving during a deflationary period make sense? 

  • Why do you think it is difficult for Japanese consumers to alter their expectations regarding prices and change their spending habits quickly?

  • What is the “virtuous cycle” that the BoJ wants to happen? Is it happening?

Ariel Slonim at MRU’s Econ in the News



Source link


Leave a Reply

Your email address will not be published. Required fields are marked *