In a far (far ... far) away land, there is a village of retired people who live their lives on their savings and remittance from their children. Unfortunately, due to heavy rain, there is a flood in this area. The damage to this village's physical assets is about 50 million dollars. What would be the most likely impact on this village's GDP? a. higher due to renovation expenses b. lower due to damages c. no effect as these assets were already produced. d. none of the above e. all the above