Refer to the chart. National Government Revenue Total for the Revolutionary War

Revenue of national government (1781–86) $2 457 987

National Government Expenditure Totals for the Revolutionary War

Cost of Revolutionary War (1775-83)

$101,000,000

Interest due on national debt

$577 307

Based on the information in the chart, what conclusion can be reached about the national government under the

Articles of Confederation?

It made defense spending a government priority.

It could not secure loans to pay its expenses from the war.

It was able to leverage its land holdings to pay down the government's deficit.

It did not have the power to impose taxes on the states

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