Which of the Following Statements Is NOT True

question 40

Multiple Choice

Which of the following statements is NOT true?

• A)Like gold, silver is a good hedge against inflation
• B)Silver has extensive industrial and commercial uses
• C)The supply of silver immediately increases with the price of silver
• D)All of the above are true

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Definitions:

Exponential Growth

Growth at a rate that becomes ever more rapid in proportion to the growing total number or size.

Arithmetic Operations

Fundamental arithmetic processes comprising adding, subtracting, multiplying, and dividing.

Exponential Decay

A process in which the value of a quantity decreases at a rate proportional to its current value.

Compound Interest

The addition of interest to the principal sum of a loan or deposit, where the interest that has been added also earns interest.