In October, Market Analysts Predict That the Price of Platinum

question 150

Multiple Choice

In October, market analysts predict that the price of platinum will fall in November. What happens in the platinum market in October, holding everything else constant?

• A) The supply curve shifts to the right.
• B) The supply curve shifts to the left.
• C) The quantity demanded and the quantity supplied of platinum increase.
• D) The demand curve shifts to the right.

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Definitions:

Minimum Denomination

The smallest unit of value in which a security or financial instrument can be issued or traded.

Net Worth

The difference between an individual or household’s assets and liabilities.

Revenue Bond

A type of bond issued by municipalities or government entities, backed by specific revenue sources rather than the issuer's full faith and credit.

Preferred Stock

Shares that give owners limited voting rights, and the right to receive dividends or assets before owners of common stock.