What would you expect the effects of the flood damage, Microeconomics

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What would you expect the effects of the flood damage

Problem

In 2001 severe floods hit the state of Texas, causing massive damage to structures but little loss of life. What would you expect the effects of the flood damage on Texas' real GDP to have been? What would you expect the effect on Texans' feelings of well being to have been?

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Microeconomics: What would you expect the effects of the flood damage

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Microeconomics: What would you expect the effects of the flood damage

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