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How did the Articles of confederation make the value of money confusing?
The Articles of Confederation allowed the individual states to issue their own money and regulate its value. The articles also established state currency as legal tender. This led to unstable financial conditions across states, as some states created high inflation by printing too much currency. Rhode Island was one state that printed excessive currency, sparking inflation
What was proposed in Clay's American System?
His proposal included a tariff to protect American industries from foreign competition, internal improvements such as roads and canals, and a national bank to establish one currency for all states and to lend money to build large businesses
What was a crucial weakness of the American government under the articles of conferderation?
- No common currency - No power to tax - No separation of powers - All states had only one vote in the national government False Strength: - Gave congress the power to borrow money from other countries (at the time there was no one who respected us as a country to do that)
Who had more power under the articles of confederation the federal or state government?
the national gov. had too much power in some areas and the states had to much power in others. for example, the states had the power to print their own currency, which led to confusion for travelers because they had to stop and trade one states coins for anothers.
What dollar do Italy use?
The currency used is the same one as most of the European Union countries: The EURO!
What is the currency exchange between canada and the united states?
Currently the Canadian and United States exchange rate varies, currently one Canadian dollar is equal to one dollar and one cent in United States currency.
What type of currency does Boise Idaho use?
Since Idaho is one of the 50 states of the United States of America, it uses American currency.
What type of currency is used in Hawaii?
The US dollar is the currency, since we are one of the 50 United States with all the federal laws, rules, policies and requirements of any state in our nation.
Do you have to exchange currency if you go to Hawaii?
Hawaii is one of the 50 states in the United States of America. United States currency as found on the mainland is the legal tender of Hawaii as well. If you are an American traveling to Hawaii, you therefore do not need to exchange currency.
Where can one find the cost of various health care plans in the United States?
There is probably no one site that lists all the health care plans in the United States. However most will have a website that can be found on the internet.
What is the currency of Hawaii?
Hawaii is one of the 50 states of USA...so the currency used in Hawaii is US Dollar.
Can you use coins from different states?
Money is not made by the states, but by the federal government. The United States is a country with one currency that can be used in ALL states. This is one of the advantages of having a federal system because people don't have to worry about how good their money is from one place to another.
Which one of the following schedules of the constitution of India lists the names of states and specifies their territories?
There are 12 schedules and 395 articles. In the FIRST schedule India lists the names of states and their territories.
Why is United States currency widely used internationally?
Because The United States is one of the most influential country's in the world so there for there is no surprise that it is also the most currency wise.
What percent of 1 is one penny?
One penny is one percent of one dollar in United States currency.
When using the currency tool on your spreadsheets only one value can be changed at one time.?
You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.You can change more than one cell at a time. Select all the cells you want to change the then click on the Currency icon and it will change all the cells selected to Currency format.
What are advantages of using the euro?
The biggest savings is in trade between one country and the EU, or between the EU states. Conversion of currency is complex and needs a vast accounting system. Businesses would need to hedge against currencies if they sell products in different countries that use different currencies. One common currency in the EU makes this process much easier. Another advantage to the EU states is the power of their currency as a reserve currency for the world. A currency held by many states is more attractive as a reserve currency as the market for the currency is more liquid.
