Web14. okt 2024 · After all, we still need the coin for a number of reasons. For one thing, consumers benefit from having the penny. A low-denomination coin helps keep prices in check. If we were to get rid of the penny, cash transactions would be rounded to the nearest nickel. Since the goal of any business is to make money, most prices would be rounded … Web4. feb 2013 · Canada is dropping the use of its penny today. And some economists believe the United States should be following its neighbor's example. The U.S. Mint spent 2 cents to produce and ship each of...
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