According to the Quantity Theory of Money, the excessive printing of currency (the issuance of greenbacks and national bank notes) generated the post-Civil War increases in

The gains to monopolists from exercising market power:

A. exceed the losses to consumers in monopoly markets, resulting in a net gain to society. B. equal the losses to consumers in monopoly markets, resulting in no net change for society. C. are less than the losses to consumers in monopoly markets, resulting in a net loss to society. D. create smaller deadweight losses than occur in purely competitive industries.

For a monopolist, average revenues:

A. are always equal to price. B. equal price only at the profit maximizing quantity. C. are maximized when total revenues are maximized. D. are always zero at the profit maximizing quantity.