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Airida
1 month ago
7

the Framers of the Constitution gave specific powers to both the nation as well as individual states. Explain why printing curre

ncy is a delegated power. What problems would arise if each state was able to print their own money?
Social Studies
2 answers:
Mashutka [1.5K]1 month ago
4 0

Answer:

Issuing individual currencies by each state would create numerous issues. For instance, international trade could become exceptionally challenging or even unfeasible. Each state may end up trading on its own, complicating matters, especially since the federal government handles international commerce. Moreover, inter-state trade would also face difficulties.

This system would lead to financial chaos. A lack of a single currency could complicate matters for the federal government in managing budgets and taxes.

Explanation:

Alexandra [1.4K]1 month ago
3 0
The primary concern would be deflation, as it refers to the decline in the value of money. Additionally, if there is an abundance of an item, its worth decreases.
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