0
Still curious? Ask our experts.
Chat with our AI personalities
Vivi
Professor
Taiga
Add your answer:
Earn +20 pts
According to article 1 section 1 Clause 2 of the US Constitution the US can do which of these?
The United States can borrow money according to Article One, Section One, Clause Two of the U.S. Constitution.
When you buy a US government savings bond youre doing so?
borrow money
The president has the power to negotiate treaties with foreign nations but such agreements on behalf of the US must be approved by?
The Senate has the right of ratification.
Why do you borrow money?
There could be thousands of reasons people borrow money. To buy a car, a home, to take a vacation, there are too many reasons why people borrow money to list here. Hopefully you got the jest of this answer. There a numerous reasons for the borrowing of money but common ones are; home loans, purchasing of cars, insurance, purchssing of business companies etc. People borrow money in generall because they either cant afford something or they have no money in cash, so they borrow from the bank, the disadvantage however is that you have to pay it back, and what people don't realise is that the bank adds interest to the overall payment if you pay it over a period of time which is not in the month requested by the bank.
What is the power to coin money?
The power to coin money is an expressed power. This is a power that is provided to Congress in Article 1, Section 8 of the US Constitution.
