1. What do you think would happen to retail prices if the United States withdrew the penny...
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1. What do you think would happen to retail prices if the United States withdrew the penny from circulation? Why?
2. Some observers suggest eliminating the nickel as well, since each one costs more than 11 cents to make and distribute. Do you agree, and why or why not? What would be the effect of such a decision on prices?
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1 Opinion is divided about the impact of the penny on the economy an...View the full answer
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