The World View Article on the Rise in Gold Prices

question 67

Multiple Choice

The World View article on the rise in gold prices indicates that

• A)The quantity supplied falls when the price of gold rises.
• B)The law of supply is true: as the price of gold rises,miners around the world search for new deposits of gold.
• C)The law of supply is true because as the price of gold rises,the quantity supplied of gold actually falls.
• D)The law of supply is not really relevant to the article.

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Definitions:

Sunlight

The natural light of the sun, crucial for the growth of plants and maintaining the earth's temperature and weather patterns.

Lawsuits

Legal actions taken by one party against another to enforce or defend a legal right, often leading to a court judgment.

Georges Méliès

A pioneering French filmmaker and magician recognized as one of the first to use special effects such as dissolves, multiple exposures, and time-lapse photography in film.

Special Effects

Techniques used in film, television, theater, and video games to create illusions or visual tricks that cannot be achieved by normal means, including both practical effects and digital effects.