If a Country's Currency Is on a Gold Standard, Does

question 128

Essay

If a country's currency is on a gold standard, does that mean there can be no inflation? Explain.

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Definitions:

Core Values

Core beliefs and principles that govern actions and behaviors within a business entity.

Trust

The confidence in the integrity, honesty, and reliability of an individual, organization, or process.

Action

The process of doing something towards achieving an aim or dealing with a problem.

Ownership

The act, state, or right of possessing something, typically property, goods, or intellectual property.