Which Is Not a True Statement

question 77

Multiple Choice

Which is not a true statement?

• A) Mining depletes mineral reserves by decreasing the amount of ore remaining the ground
• B) Mining may increase mineral reserves because geologists may discover new mineral deposits which adds to the known amount of ore
• C) Subeconomic mineral deposits can increase the profitability of the metal if improvements in mining technology reduce the extraction costs
• D) All of the above are true statements

---

Definitions:

Rapid Growth

Rapid Growth refers to a significant and faster-than-average increase in the size, revenue, or market share of a company or economy.

Economy

The large system that encompasses all production, exchange, distribution, and consumption of goods and services within a certain area. It involves activities and interactions among individuals, businesses, and governments.

Minimum-Variance Portfolio

A portfolio constructed to achieve the lowest possible risk (variance) for a given level of expected return, optimizing the risk-return tradeoff.

Expected Return

A financial term referring to the average amount of profit or loss an investment is predicted to generate based on historical data.