Consider the economic effects of the September 11, 2001 terrorist attacks.Which of the following statements is correct?
A)Reconstruction would lead to an increase in GDP.
B)Increased government spending on relief efforts in the U.S.would decrease GDP.
C)Lost items and buildings would lead to a decrease in GDP.
D)U.S.well-being was improved, despite the loss in GDP.

Question

Quizplus · Accepted Answer

The reconstruction efforts after the attacks would involve increased economic activity, such as construction and manufacturing, which would contribute to an increase in GDP.

Consider the Economic Effects of the September 11, 2001 Terrorist