Table 3-B -Refer to Table 3-B

question 225

Multiple Choice

Table 3-B
$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { PRICE per laree pepperani } \\\text { pizza }\end{array} & \begin{array} { c } \text { QUANTITY DEMANDED } \\\text { of large pepperoni pizzas }\end{array} & \begin{array} { c } \text { QUANTITY sUPPLIED } \\\text { large pepperoni pizzas }\end{array} \\\hline \$ 10 & 1,000 \text { urits } & 5,500 \text { urits } \\\hline 9 & 2,000 \text { urits } & 5,000 \text { urits } \\\hline 8 & 3,000 \text { urits } & 4,500 \text { urits } \\\hline 7 & 4,000 \text { urits } & 4,000 \text { urits } \\\hline 6 & 5,000 \text { urits } & 3,500 \text { urits } \\\hline 5 & \text { 6,000 urits } & 3,000 \text { urits } \\\hline 4 & 7,000 \text { urits } & 2,500 \text { urits } \\\hline 3 & \text { 8,000 urits } & 2,000 \text { urits } \\\hline 2 & 9,000 \text { urits } & 1,500 \text { urits } \\\hline 1 & 10,000 \text { urits } & 1,000 \text { urits } \\\hline\end{array}$$
-Refer to Table 3-B.At a price of $4, there is a ____ of ____ pizzas.

• A)shortage; 4,500
• B)surplus; 4,500
• C)shortage; 6,500
• D)surplus; 6,500
• E)shortage; 9,500

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Definitions:

Exchange Rate

The measurement of one currency's value against another.

Appreciated

An increase in the value of an asset over time.

Domestic Investment

The total spending on capital within a country, including investments in machinery, infrastructure, and technology, by the private and public sectors.

Foreign Assets

Financial assets held in a country other than where the investor is based, including stocks, bonds, and real estate.