The Process of "Demonetization of Gold" Involves

question 1

Multiple Choice

The process of "demonetization of gold" involves:

• A)purchase of gold and supply of money into the market by the central banks to defend the fixed gold prices.
• B)sudden fall in private demand for gold in a country due to discovery of a minable gold deposit.
• C)gold sales into the private market in recent decades by the central banks and the IMF.
• D)sudden increase in the private demand for gold in a country, forcing its central bank to sell off gold.

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Definitions:

Negotiators

Individuals or parties involved in a negotiation process, working towards reaching a mutual agreement.

Intellectual Openness

A disposition towards being receptive to new ideas, knowledge, and ways of thinking, often characterized by curiosity and a lack of prejudice.

Adjustment

The process of adapting or becoming accustomed to new conditions or environments.

External Locus

A belief that one’s outcomes or circumstances are determined by external factors, events, or influences, as opposed to one's own effort or actions.