Which of the Following Statements Is Most Correct

question 59

Multiple Choice

Which of the following statements is most correct?

• A)Perfectly negatively correlated series move exactly together and have a correlation coefficient of -1.0 while perfectly positively correlated series move exactly in opposite directions and have a correlation coefficient of +1.0.
• B)Perfectly negatively correlated series move exactly together and have a correlation coefficient of +1.0 while perfectly positively correlated series move exactly in opposite directions and have a correlation coefficient of -1.0.
• C)Perfectly positively correlated series move exactly together and have a correlation coefficient of +1.0 while perfectly negatively correlated series move exactly in opposite directions and have a correlation coefficient of -1.0.
• D)Perfectly positively correlated series move exactly together and have a correlation coefficient of -1.0 while perfectly positively correlated series move exactly in opposite directions and have a correlation coefficient of +1.0.
• E)none of the above

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Definitions:

User Cost

The economic cost or expense of using a non-renewable resource or durable good, encompassing both the depreciation of the asset and the opportunity cost of not having the resource available for future use.

Extraction Cost

The expenses associated with removing natural resources from the earth, such as mining for minerals or drilling for oil.

Quantity of Gold Bars

The total number or amount of gold bars, often measured in terms of weight or units in a specific context.

Resource Extraction

This term refers to the process of obtaining resources from the Earth, such as minerals, oil, and gas, through methods like mining, drilling, and fracking.