Economic periods is the price of precious metal

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Reference no: EM132070928

1. During which of the following economic periods is the price of a precious metal, such as gold, silver or platinum, likely to increase?

Recession

Depression

Peace time

Deflationary

Inflationary

2. If the discount rate is 24 percent compounded quarterly, what is the effective weekly rate? (Assume a 52 week year.)

26.25%

1.92%

0.45%

7.43%

Reference no: EM132070928

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