Excerpt: We study the dynamics of residential electricity demand ...... we estimate that the price elasticity of demand... from 0.09 in the first six months to 0.27 two years later. Our findings highlight the importance of accounting for consumption dynamics when evaluating energy policy (Tatyana Deryugina, Alexander MacKay, Julian Reif, American Economic Review, January 2020) Fill in the blanks. a) Because the price elasticity of residential electricity demand is estimated to be -.09 in the first six months, then a .... increase in the price of electricity will cause the quantity demanded to fall by..... b) The excerpt suggests that the residential elasticity of demand over two years is.......... than the residential elasticity of demand over six months.