Which statement is correct about the reaction that occurs between copper and aqueous silver nitrate? (4 points) Group of answer choices

It is a single replacement reaction because two new compounds of copper and silver are formed.

It is a single replacement reaction because copper replaces silver within a compound as copper is higher than silver in the activity series.

It is a double replacement reaction because the ions of copper and silver exchange places in an aqueous solution as copper is higher than silver in the activity series.

It is a double replacement reaction because copper and silver exchange their non-metallic parts.