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