What are the opportunity costs of each action

Assignment Help Macroeconomics
Reference no: EM13177744

Discuss how opportunity costs relate to Japan's cleanup efforts after the devastating earthquake/tsunami of March 2011. Begin the discussion by defining "opportunity costs." Then make a list of actions the Japanese government must accomplish to restore the economy and provide health and safety to the citizens. Keep in mind the limited resources available and priorities of each restorative action. What are the opportunity costs of each action?

Reference no: EM13177744

Questions Cloud

Probability that annual return in a given year will be -ve : What is the probability that the annual return in a given year will exceed 15%? Suppose that the fund managers change the holdings of the fund such that the mean becomes 15% and the standard deviation becomes 5%. What are the new values for the pre..
What is the simulated value : a normal distribution has a mean of 500 a standard deviation of 50. A manager wants to simulate one value from this distribution, and has drawn the number 1.4 randomly. What is the simulated value?
What is probability that at least one right-handed student : An Introduction to Economics class with 188 students meets in this lecture hall. What is the probability that at least one right-handed student in this class is forced to use a seat designed for a left-hander?
How many children do they have : the dunbar family consists of a mother, a father and some children. The average age of the members of the family is 20. The father is 48 and the average age of the mother and the children is 16. how many children do they have?
What are the opportunity costs of each action : Then make a list of actions the Japanese government must accomplish to restore the economy and provide health and safety to the citizens. Keep in mind the limited resources available and priorities of each restorative action. What are the opportun..
What is the ant linear velocity : What is the ant's linear velocity? Include appropriate units in your answer.
?nd the sample size required to provide an estimate of mean : A new bone study is being planned that will measure the biomarker TRAP described in Exercise 6.17. Using the value of σ given there, 6.5 U/l, ?nd the sample size required to provide an estimate of the mean TRAP with a margin of error of 1.5 U/l fo..
Discuss the u.s. housing mortgage crisis : housing prices have decreased, many homeowners have lost their homes because they are unable to pay the increasing mortgage costs of their variable rate home loans, more houses came on the market, fewer people could qualify for a home loan because..
Determine the apparent brightness : determine the apparent brightness that we would measure for the Sun if we were located at the following positions.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Utilize the principle of contracting-out to provide economic

Utilize the principle of contracting-out to provide an economic argument for contracting-out or outsourcing some government-provided service or aspect of a firm's production.

  Describing the changes in slope of output demand

Determine, how the following will affect the slope of the output demand curve, and explain your results:

  Determine whether linear programming problem is infeasible

Determine whether the following linear programming problem is infeasible, unbounded, or has multiple optimal solutions. Draw a graph and explain your conclusion. Maximize 50x + 100y Subject to:

  Elasticity of us exports with respect to the real exchange

If the elasticity of US exports with respect to the real exchange rate is very low, will this increase in private saving have a large or small effect on the U.S. real exchange rate

  Least cost combination of input choices

The financial analysis department at MorTex estimates that the price of a textile machine is $ 600 per day. Can management reduce the cost of assembling 5,400 units per day by purchasing a textile machine and using less labor? Why or why not?

  Suppose the following output and labor hours

Suppose the following output and labor hours for Russia and Germany in producing Wheat and Cloths.

  Elucidate whethers statements are positive or normative

Elucidate whether the following statements are positive or normative economic statements, and explain why you categorized them in that way.

  Estimated elasticity of demand for new brand cars

Illustrate what is the estimated elasticity of demand for new brand cars with respect to the price of gasoline.

  Resources available for human consumption were out of limit

If resources available for human consumption were out of limit, there would be no need for a subject field such as economics. Why do I say this?

  Expalin why did not keynesian theory provide successful

Expalin why did not Keynesian theory provide successful solutions to the German economy where unemployment currently around 14%.

  Make an aggregate demand and aggregate supply graph

The data given below shows the situation in 2010 and 2011 if Fed does not use the monetary policy,

  Required an industry study on accounting services

Required an Industry study on Accounting Services in 500+ words with references and statistics.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd