As more people started building houses in your community, more street lights were installed in your locality making it safer and easier to drive through. This is an example of a(n) ________

Suppose the market for Blu-rays has the demand and supply schedules shown in the table above. Suppose a decrease in the price of a Blu-ray player increases the quantity of disks demanded at each price by 20 million

What are the new equilibrium price and equilibrium quantity of Blu-rays?

Economists predict the business cycle well enough that stabilization policy is likely to work despite lags in the effects of policy

a. True b. False Indicate whether the statement is true or false