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What is an example of the federal government implied power?
coining money
What is an example of delegated power given to the federal government?
The power to engage in war. The power to levy income tax.
The power of government to coin money is an example of which power?
Power to Coin and Regulate Money When we can see the disastrous results of an artificially created shortage of money, we can better understand why our Fathers of Confederation, who understood both money and God's Laws, insisted on placing the power to "create" money and the power to control it ONLY in the hands of the Federal Government. They believed that ALL Citizens should share in the profits of its "creation" and therefore the national government must be the only creator of money. They further believed that ALL citizens should share in the profits of its creation and therefore the national government must be the ONLY creator of money. They further believed that ALL Canadian citizens, regardless of station in life, and therefore, the national government must also be, by law, the ONLY controller of the value of money. Since the Federal Government was the only legislative body subject to all the citizens at the ballot box, it was, to their minds, the only safe depository of so much profit and so much power. They wrote it out in simple, but all inclusive manner: "The Federal Government shall have the Power to Coin Money and Regulate the Value Thereof
What power does the constitution specifically deny to state government?
The power to coin money.
National government to coin money is what power?
The right of the federal government to coin money is an exclusive federal right provided for in the constitution. The constitution also grants the government to regulate the value of the coins.
