What Is One Important Reason That the 2004 Tsunami in the Indian

question 90

Multiple Choice

What is one important reason that the 2004 tsunami in the Indian Ocean caused so much devastation and death?

• A) There was a lack of attention to dire predictions from emergency warning centers.
• B) There were indicators of only a weak storm by early detection systems.
• C) There were no recording devices in place to provide an early warning of this tsunami.
• D) There was no knowledge of the potential of earthquakes in this region.
• E) There were assumptions that tsunamis caused little harm until this event.

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Definitions:

Short-run Phillips Curve

A graphical representation showing the inverse relationship between the level of unemployment and the rate of inflation in an economy over the short-term.

Inflation

The degree of uptick in the universal valuation of goods and services, weakening purchase potency.

Natural Rate

The unemployment rate at which the economy operates when it is at full employment, reflecting the long-term levels of unemployment due to structural factors in the labor market.

Unemployment Rate

A measure representing the percentage of the labor force that is jobless and actively seeking employment.