The effect of Hurricane Katrina from a national income accounting standpoint probably caused real GDP to

A) decrease.
B) increase.
C) stay the same.

Hurricane Katrina

A devastating Category 5 hurricane that struck the Gulf Coast of the United States in August 2005, causing widespread destruction and significant loss of life, particularly in New Orleans, Louisiana.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country in a given year, expressed in constant prices.