Question
Which explains the monetary policy weakness in the Articles of Confederation?(1 point)
Responses
The states were required to use the same currency.
The states were required to use the same currency.
The states had the authority to create and print their own currency.
The states had the authority to create and print their own currency.
The states were required to use the national currency.
The states were required to use the national currency.
The states were given options of what currency they could use.
Responses
The states were required to use the same currency.
The states were required to use the same currency.
The states had the authority to create and print their own currency.
The states had the authority to create and print their own currency.
The states were required to use the national currency.
The states were required to use the national currency.
The states were given options of what currency they could use.
Answers
GPT-4o mini
The correct response that explains the monetary policy weakness in the Articles of Confederation is:
**The states had the authority to create and print their own currency.**
This led to a lack of a uniform national currency and created significant economic instability, as different states issued their own money, leading to confusion and a lack of trust in the currency system.
**The states had the authority to create and print their own currency.**
This led to a lack of a uniform national currency and created significant economic instability, as different states issued their own money, leading to confusion and a lack of trust in the currency system.