As a city rebuilds after a hurricane destroys most of its physical capital, we would expect growth in this locale to be:
A) higher than average in both the short run and long run.
B) lower than average in both the short run and long run.
C) higher than average in the short run, but return to normal levels in the long run.
D) lower than average in the short run, but eventually rise above average in the long run.
Correct Answer:
Verified
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