Which explains the monetary policy weakness in the Articles of Confederation?(1 point)

Question

Responses

The states were required to use the national currency.
The states were required to use the national 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 given options of what currency they could use.
The states were given options of what currency they could use.

The states were required to use the same currency.

Answer 1

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 lack of a uniform national currency led to confusion, inconsistency, and instability in the economy, as each state could issue its own money, leading to devaluation and difficulties in trade and commerce.