Posts Tagged ‘U.S. Mint’

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    An Annoying Penny

    Jan 16, 12 • 313 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