Question

Monetary standard refers to.?

Answer 1

Explanation:

A monetary standard is a set of institutions and rules governing the supply of money in an economy. These rules and institutions collectively constrain the production of money.. Sovereigns often tried to choose a monetary standard, as by decreeing either gold or silver to be money.

Answer 2

Answer:

A monetary standard is a set of institutions and rules governing the supply of money in an economy. ... Through its constraints on money creation, the standard indirectly acts on prices. A monetary standard may also affect the rate of growth of real economic output, but that depends on expectations.

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