Multiple Choice
Consider the economic impact of Hurricane Florence in 2018.Which of the following statements is correct?
A) Spending toward reconstruction would lead to an increase in GDP.
B) Increased government spending on relief efforts in the United States would decrease GDP.
C) Damaged buildings and looting would lead to a decrease in GDP.
D) U.S.well-being improves the more reconstruction efforts are needed, following the decline in GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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