Multiple Choice
Which of the following accurately describes an effect of a flooding on GDP?
A) GDP would decrease reflecting the costs of cleanup.
B) GDP would increase reflecting the costs of cleanup.
C) GDP would increase reflecting the decrease in production that occurred during the storm and the productive capacity lost in the flood.
D) GDP would increase well-being.
E) GDP would decrease due to the assets destroyed by flooding.
Correct Answer:

Verified
Correct Answer:
Verified
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