2. Explain why you would be more or less willing to buy gold under the following circumstances. a. Gold again becomes acceptable as a medium of exchange. More, because gold becomes more liquid. b. Prices in the gold market become more volatile. Less, because gold becomes riskier. c. You expect inflation to rise, and gold prices tend to move with the aggregate price level. More, because its expected return has risen. d. You expect interest rates to rise. More, because its expected return has risen relative to the expected return on long- term bonds, which has declined