The World View Article on the Rise in Gold Prices

question 33

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.

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Definitions:

Naval Deployment

This is the organized dispatch of armed naval forces for military or strategic purposes, often related to national security.

Motion Parallax

A depth cue in which objects closer to the observer move faster across the visual field than objects further away.

Monocular Depth Cue

Visual information that allows for the perception of depth and distance using one eye only.

Dark Adaptation

The process by which the eyes become more sensitive to light in low-light conditions.