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1) Discovery of new gold in Alaska will ________ the ________ of gold, ________ its price, everything else held constant. A) increase; demand; increasing B)

1) Discovery of new gold in Alaska will ________ the ________ of gold, ________ its price, everything else held constant.

A) increase; demand; increasing

B) decrease; demand; decreasing

C) decrease; supply; increasing

D) increase; supply; decreasing

2) An increase in the expected inflation rate will ________ the ________ for gold, ________ its price, everything else held constant.

A) increase; demand; increasing

B) decrease; demand; decreasing

C) increase; supply; increasing

D) decrease; supply; increasing

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