Posts Tagged ‘nickel’

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    An Annoying Penny

    Jan 16, 12 • 314 Views • Behavioral Economics, Businesses, Money and Monetary Policy, Thinking Economically2 Comments

    People do not want to pay $2.01 for a tall coffee at Starbucks. No, the problem is not the $2.00. The problem is the penny. Starbucks recently raised the price of a tall coffee to $1.85 in NYC. With tax, the total is $2.01. As a result, baristas are dipping

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    A Plastic Penny?

    May 12, 10 • 197 Views • Government, Money and Monetary PolicyNo Comments

    How do you feel about the penny and the nickel? If you care about the federal budget, you might want to mint them more inexpensively. But, if you own a laundromat, you disagree.    Pennies are actually copper coated pieces of zinc while nickels are