I. Historically, whenever the U.S. experienced a major national disaster hurricane hitting the Gulf coast, earthquakes swallowing up people and buildings, the Mississippi River leaving its banks and flooding towns and farm lands, forest fires sweeping through valleys decorated with expensive homeswithin a matter of a few days, we would hear two very different reactions from politicians, professors and assorted media pundits. First, we hear of the shock and horror stemming from all the damage and devastation. Then we begin to hear that at least it's good for the economywhat with all the rebuilding and replacing. (Covid-19 has been a different kind of hurricane, so we'll have to wait and see how media and politicians handle the postmortem) Your question: are such national disasters as hurricane, floods, billion acre forest fires, earthquakes, etc., good for the macroeconomy? Explain! 2. Consider the following 'Keynesian-Cross" graph relative to equilibrium income 50AS fi