If Japan Had a Tsunami Warning System, Then Many of the Deaths

question 61

True/False

If Japan had a tsunami warning system, then many of the deaths in the 2011 tsunami would have been prevented.

Understand the role and limitations of economic models in explaining real-world phenomena.

Comprehend that economists use assumptions to simplify the complex world and facilitate understanding.

Acknowledge the application of the scientific method in economics.

Recognize the challenges economists face in conducting experiments.

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