A gold standard would tend to stabilize prices in the _____ but not in the _____.

Name: A gold standard would tend to stabilize prices in the _____ but not in the _____.
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Question

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A gold standard tends to stabilize prices in the long run because the supply of gold (which backs the currency) grows at a slow and predictable rate. However, in the short run, prices can still be volatile due to fluctuations in gold demand and supply, changes in production costs, or shifts in the global economic environment.

A Gold Standard Would Tend to Stabilize Prices in the _____