Time inconsistency will cause the a. short-run Phillips curve to be higher than otherwise. b. long-run Phillips curve to be farther to the right than otherwise. c. long-run Phillips curve to be farther left than otherwise. d. short-run Phillips curve to be lower the otherwise.

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)