The costs of the Japanese earthquake and tsunami of March 2011 include the direct cost of cleanup

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The costs of the Japanese earthquake and tsunami of March 2011 include the direct cost of cleanup and additional costs, such as the loss of revenues from seafood harvests, tourism, and related industries. Using the concept of multipliers, explain how this disaster may affect the Japanese economy as a whole.
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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