How does the commerce power differ from the currency power?

Question

Responses

The commerce power relates to the ability to borrow money against the credit of the United States, while the currency power relates to providing a stable monetary system.
The commerce power relates to the ability to borrow money against the credit of the United States, while the currency power relates to providing a stable monetary system.

The commerce power relates to the ability to borrow money against the credit of the United States, while the currency power relates to creating laws about bankruptcy.
The commerce power relates to the ability to borrow money against the credit of the United States, while the currency power relates to creating laws about bankruptcy.

The commerce power relates to trade, both interstate and international, while the currency power relates to creating laws about bankruptcy.
The commerce power relates to trade, both interstate and international, while the currency power relates to creating laws about bankruptcy.

The commerce power relates to trade, both interstate and international, while the currency power relates to providing a stable monetary system.

Answer 1

The correct answer is: The commerce power relates to trade, both interstate and international, while the currency power relates to providing a stable monetary system. The commerce power is the authority given to Congress to regulate commerce among states and with other nations. On the other hand, the currency power is the power to coin money and regulate its value, as well as establish a national currency. Both powers are important in maintaining a strong economy for the United States.