The Price of Gold Is Often Volatile Because

question 351

Multiple Choice

The price of gold is often volatile because

• A)demand is relatively inelastic, so changes in supply have a large effect on price.
• B)supply is relatively elastic, so changes in demand have a large effect on price.
• C)demand is relatively elastic, so changes in supply have a large effect on price.
• D)supply is relatively inelastic, so changes in demand have a large effect on price.

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Commitment

The decision and intent to maintain a relationship in spite of the difficulties and costs that may arise.

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Social connections made between individuals through the internet, which can include friendships, romantic relationships, or other social interactions.

Similarity

A state or condition of being alike, sharing common traits or attributes among individuals, objects, or concepts.

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The first phase of attraction between people, which can be influenced by various factors such as physical appearance, social status, and personality traits.