Monetary policy — practice question

With reference to Table 1.1, what evidence suggests that Japan’s government had borrowed heavily?

Although Japan was the world’s fourth largest exporter, it still experienced trade deficits. Explain how this could have come about.

Consider whether the evidence supplied shows that Japan’s economic decline in 2020 was caused by the COVID-19 pandemic.

Low interest rates have been used by Japan’s Central Bank since 2016. Analyse how low interest rates might stimulate an economy and evaluate whether their use has successfully stimulated Japan’s economy since 2016.