Refer to the information provided in Table 3.1 below to answer the question(s) that follow.
Table 3.1Price per PizzaQuantity Demanded (Pizzas per Month)Quantity Supplied (Pizzas per Month)$31,200 600 61,000 700 9 800 80012 600 90015 4001,000Refer to Table 3.1. In this market there will be an excess supply of 300 pizzas at a price of
A. $6.
B. $9.
C. $12.
D. $15.
Answer: C
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(In doing this, explain the value of t-critical you will use in developing your 95% confidence interval.)
The members of the Federal Reserve Board of Governors serve:
a. 6-year terms. b. 4-year terms. c. 10-year terms. d. 14-year terms. e. 2-year terms.
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Indicate whether the statement is true or false
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