The Case in Point on campus parking suggested that giving students lower fares for taking public transportation was what kind of factor in the demand for parking spaces?

Refer to Figure 17-2. Suppose the economy is at point A in the figure above. Which of the following is true?

A) The long-run Phillips curve will shift to the right. B) The short-run Phillips curve will shift to the right. C) The short-run Phillips curve will shift to the left. D) The long-run Phillips curve will shift to the left. E) Actual inflation and expected inflation are the same.

What financial innovations helped banks to get around the bank branching restrictions of the McFadden Act?

What will be an ideal response?