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Suppose a major hurricane destroys a large factory. Does the rebuilding of that factory increase the GDP? a) No because it doesn't add anything new
Suppose a major hurricane destroys a large factory. Does the rebuilding of that factory increase the GDP? a) No because it doesn't add anything new to the economy. It only gets things back to where they were before the hurricane arrived. Ob) Yes because a new building was created and that's a form of output
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