Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.

The above table gives the demand and supply schedules for Blu-ray discs. Suppose that the price of a Blu-ray disc player increases, resulting in the demand for Blu-ray discs decreasing by 8,000 units at all prices

What are the new equilibrium quantity and equilibrium price of Blu-ray discs? A) 8,000 and $8 B) 16,000 and $16 C) 20,000 and $20 D) 28,000 and $28

The true causal effect might not be the same in the population studied and the population of interest because

A) of differences in characteristics of the population B) of geographical differences C) the study is out of date D) all of the above