A huge national debt is an indication that the gold reserves of a nation has

a

appreciated

b

decreased

c

depreciated

d

stagnated

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Correct Option
d

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Discussions (6)

Chuks612
9 years ago

Wrong. Gold doesn't stagnant. It depreciates.

saaliyah
3 years ago

Gold does not depreciate, the demand dies down and the value decreases as a result

kinsmart
2 months ago

A. Appreciated - Incorrect (gold value might increase, but reserves would decrease) B. Decreased - Correct (most likely outcome as reserves are used to manage debt) C. Depreciated - Incorrect (refers to value, not quantity) D. Stagnated - Incorrect (unlikely during significant debt situations)

Conclusion: The correct answer is B. decreased. A huge national debt typically indicates that a nation has needed to use its gold reserves to manage the debt, leading to a reduction in those reserves.

Vansilva
6 years ago

Gold is less attractive. Sens*x increases and the gold prices stagnate or decrease, leading to a higher Sens*x to Gold ratio. When investors start losing optimism or if they feel that stocks are overvalued, they start moving their money out of the stock market
After my research

mmesomanduka
6 years ago

The chosen answeranswer is wrong
The answer should be depreciated not stagnated

midasclub
9 years ago

myschool d answer is c oooo

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