Wealth versus Income. When Hurricane Sandy hit the East Coast in 2012, houses were destroyed and later many were rebuilt. Immediately after the hurricane, what happened to total wealth? As rebuilding...

Wealth versus Income. When Hurricane Sandy hit the East Coast in 2012, houses were destroyed and later many were rebuilt. Immediately after the hurricane, what happened to total wealth? As rebuilding occurred, what happened to the level of income? (Related to Application 3 on page 265.) 3.9 A Difficulty in Estimating