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Verdich [7]
3 years ago
12

If you expect the price of gold to increase in the near​ future, your demand for gold today will increase.A. TrueB. False

Business
1 answer:
9966 [12]3 years ago
5 0

Answer:

A. True

Explanation:

Gold is a valuable commodity acquired for various reasons.  In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.

If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.

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Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is nee
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The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
4 0
3 years ago
Help me out here I got a d
Aneli [31]

Answer:

it is type and price range.

3 0
3 years ago
Marketers describe the way a consumer processes information to arrive at brand choices as ________.
myrzilka [38]

Alternative evaluation is what Marketers characteristic the way the consumer make information to arrive at brand choices as alternative evaluation.  After buying a product, the consumer will be satisfied or dissatisfied and will engage in post purchase behaviour. The relationship between the consumer's expectations and the product's perceived performance determines whether the buyer is satisfied or dissatisfied with a purchase.

5 0
3 years ago
Next week, Mortimer is preparing to go to work for the Illinois department of Child Services. He was surprised when his friends
Fittoniya [83]

Answer:

The implication is that the Illinois Department of Child Services is a unionized workplace.

Mortimer will derive better benefits that surpass the costs of membership.  He is covered in all collective bargains, even when he resigns his union membership.  Unions negotiate for better working conditions, higher pays, and improved benefits.

When Mortimer has any grievance against the department, the union will also represent him, thereby making his life easier since unions can negotiate better with employers than individual workers.

Mortimer is even lucky to find a job at a unionized workplace because the jobs are not usually advertised as union members easily bring in their relatives and friends to occupy such vacancies.

Explanation:

Most of the disadvantages that Mortimer should complain about unions are disadvantages to the employer and not to him as an individual worker.  For the employer, the union acts as a form of monopoly that can decide whether the workers would work or not.  The unionized workers are not easy to replace with other workers.

8 0
3 years ago
An investment has the following payment structure: 1,000 payable in one year, 1,000 payable in two years, and 1,000 payable in t
Shtirlitz [24]

Answer: C. 7.3%

Explanation:

The yield rate is a weighted average of the yields over the years:

= [ (1 * 6%) + (2 * 7%) + (3 * 8%)] / ( 1 + 2 + 3)

= 44%/ 6

= 7.33%

= 7.3%

3 0
3 years ago
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