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Save the Penny or Leave the Penny?
URL: http://www.cbc.ca/news/background/economy/penny.html

Description:
This April 2008 article describes how "Canada has been told to follow Australia and New Zealand and ditch the one-cent coin." Discusses the history of the Canadian penny (which derived from Britain's farthing), how Australia and New Zealand "removed their one- and two-cent coins in the early 1990s," inflation and the penny, rounding cash transactions, and the use of small change in Europe. From the Canadian Broadcasting Corporation (CBC).

LII Topics: Coins, Money

Author:
Bowman, John

Publisher:
Canadian Broadcasting Corporation (CBC)

Extra Keywords
Swedish rounding

LII Database Information:
Record 27029 created by Maria Brandt on 10/02/2008
Last modification on 10/28/2008
Published: 11/06/2008  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/27029

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