The discovery of new gold in South America will __________ the price of gold and __________ the quantity of gold traded.
A) raise; raise
B) lower; raise
C) raise; lower
D) lower; lower
Correct Answer:
Verified
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Q26: When a market is in equilibrium,
A) quantity
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Q30: All of the following shift the supply
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Q34: Refer to Table 3-1. Given this
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