Answer:
In the 1790s, despite a lack of specific constitutional authority to do so, Congress chartered a national bank, arguing that the institution was necessary to regulate the value of currency. The chartering of a national bank was therefore an example of an implied power.
Explanation:
Implied powers are political powers that are not explicitly explained in the United States Constitution but are granted to the government. The term was widely used in Ireland around the mid 1780s, meaning it is highly possible that the United States was not the first nation making use of such power. It came into play in America in the creation of the First Bank of the United States. This bank would be in charge of the war debt of the American Revolution and would standardize the currency of the recently independent nation.
Answer: A higher budget for the military
