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OpenStudy (anonymous):

what is the gold standard?

OpenStudy (anonymous):

The system by which the value of a currency was defined in terms of gold, for which it could be exchanged.

OpenStudy (anonymous):

gold stand·ard Noun 1.The system by which the value of a currency was defined in terms of gold, for which it could be exchanged. The gold standard was... 2.The best, most reliable, or most prestigious thing of its type

OpenStudy (anonymous):

gold is one of the most rare solids. silver is too commen & everything else is not worthy,

OpenStudy (anonymous):

Thank you himan700 (:

OpenStudy (anonymous):

you're welcome

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