Under the Articles of Confederation,the Continental Congress permitted each state to issue paper money and borrow on their own to finance expenses related to the American Revolution.

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This is true. The Articles of Confederation allowed each state to issue its own paper money and borrow money to finance expenses related to the American Revolution. However, this led to inflation and financial instability, which contributed to the push for a stronger central government that ultimately resulted in the drafting of the Constitution.

Under the Articles of Confederation,the Continental Congress Permitted Each State