List Three Economic Materials That Can Be Profitably Extracted from Placer

question 55

Multiple Choice

List three economic materials that can be profitably extracted from placer deposits.

• A)Gold, platinum, and tin
• B)Diamonds, iron, and quartz
• C)Sand, gravel, and silt
• D)Granite, basalt, and gabbro

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Definitions:

Tight Money Policy

A monetary policy strategy used by central banks to slow economic growth by increasing interest rates and reducing the supply of money.

Government Bonds

Fixed-income securities issued by a government to support government spending, typically offering a regular interest payment and repayment of the principal at maturity.

Easy Money

A monetary policy stance characterized by low interest rates and high availability of credit to encourage economic growth.

Exports

Products or services made in one country and purchased by consumers in a different country, adding to the exporting nation's overall economic output.