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Jeanine Dixon shows that the economic impact of Australian bushfires of 2019 and 2020 should be measured with caution. Read her article at http://theconversation.com/take-care-when-examiningthe-economic-impact-of-fires-gdp-doesnt-tell-the-full-story-129535 Using

Jeanine Dixon shows that the economic impact of Australian bushfires of 2019 and 2020 should be measured with caution. Read her article at http://theconversation.com/take-care-when-examiningthe-economic-impact-of-fires-gdp-doesnt-tell-the-full-story-129535

Using this article, identify 5 economic mechanisms by which these bushfires impacted the Australian GDP. For each mechanism, you must concisely explain

1) if the impact on GDP is positive or negative and 2) if the impact on the quality of life is positive or negative.

Example of mechanism: The military evacuation of the population generated an activity that increases the GDP. However, these evacuations were detrimental for the well-being and the quality of life since they were life-threatening and traumatic.

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