If you thought the share price of a stock was going to rise, would you be more likely to buy a call option or a put option?

An inflationary gap means that the level of real GDP at the short-run macroeconomic equilibrium

A) is less than full-employment GDP. B) equals full-employment GDP. C) is more than full-employment GDP. D) may be less than, more than, or the same as full-employment GDP depending on the level of potential GDP.

For the monopolistically competitive firm,

a. competition is blocked by barriers to entry b. limit pricing can forestall competition indefinitely c. marginal revenue is less than the product's price d. price discrimination is a key tool e. marginal revenue is equal to the product's price