What other kind of government action is taking place

Reference no: EM133630064

Question: The current cost of manufacturing a U.S. penny, 1.26 cents, is above the coin's face value. The U.S. Mint produced almost 2.7 billion pennies during the first half of 2008. These pennies with a combined $27 million face value actually cost over $34 million to produce. Is there a price ceiling on pennies? If not, what other kind of government action is taking place in the market for pennies?

Reference no: EM133630064

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