An article in the Economist magazine observes: One big reason to tie money to a commodity standard

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An article in the Economist magazine observes: "One big reason to tie money to a commodity standard would be to limit its growth in order to protect against runaway inflation." Source: "on Gold and Golden Ages". Economist, September 11, 2012 (2 points)
a. Why would tying money to a commodity limit the growth of the money supply?
b. Would doing so limit inflation? Explain
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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