Evaluates the usefulness of the penny, Other Subject

Evaluates the usefulness of the penny

Assignment Task: Evolutions of Money

Review Question:

Often, the U.S. Treasury evaluates the usefulness of the penny and considers whether to discontinue it which they did in November 12, 2025. On the basis of your understanding of the function of money, why do you think it was created in the first place? Does it still have a purpose in the modern economy? Explain your answers in two paragraphs.

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