Penny Debate In The United States
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Penny Debate In The United States
A debate exists within the United States government and American society at large over whether the one-cent coin, the penny, should be eliminated as a unit of currency in the United States. The penny costs more to produce than the one cent it is worth, meaning the seigniorage is negativethe government loses money on every penny that is created. Several bills introduced in the U.S. Congress would have ceased production of pennies, but none have been approved. Such bills would leave the five-cent coin, or nickel, as the lowest-value coin minted in the United States. Other countries have also withdrawn coins no longer worth producing, such as Canada ending production of the Canadian penny in 2012. The most recent time that the United States withdrew the lowest-value coin from circulation was with the half-cent coin (hay-penny), which was withdrawn in 1857; the 1857 half-cent coin was worth approximately  cents in dollars. Legislation In 1990, United States Representat ...
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United States Penny, Obverse, 2002
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965- ...
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Mike Enzi
Michael Bradley Enzi ( ; February 1, 1944 – July 26, 2021) was an American politician who served in the United States Senate from Wyoming as a member of the Republican Party from 1997 to 2021. Prior to his tenure in the United States Senate he served as mayor of Gillette, Wyoming, in the Wyoming House of Representatives from Campbell County, and the Wyoming Senate from the 24th district. He was the longest-serving senator from Wyoming since Francis E. Warren. Enzi was born in Bremerton, Washington, raised in Thermopolis, Wyoming, and educated at Sheridan High School, George Washington University, and the University of Denver. He served in the Air National Guard, and held positions in the American Legion Boys State, DeMolay International, and United States Junior Chamber. He entered politics with his election as mayor of Gillette after being convinced by Alan Simpson to run and defeating incumbent Mayor Cliff Davis. He was elected to the state house in the 1986 election an ...
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Zinc Toxicity
Zinc toxicity is a medical condition involving an overdose on, or toxic overexposure to, zinc. Such toxicity levels have been seen to occur at ingestion of greater than 50 mg of zinc. Excessive absorption of zinc can suppress copper and iron absorption. The free zinc ion in solution is highly toxic to bacteria, plants, invertebrates, and even vertebrate fish. Zinc is an essential trace metal with very low toxicity in humans. Signs and symptoms Following an oral intake of extremely high doses of zinc (where 300 mg Zn/d – 20 times the US Recommended Dietary Allowance, RDA – is a "low intake" overdose), nausea, vomiting, pain, cramps, and diarrhea may occur. There is evidence of induced copper deficiency, alterations of blood lipoprotein levels, increased levels of Low-density lipoprotein, LDL, and decreased levels of High-density lipoprotein, HDL at long-term intakes of 100 mg Zn/d. The USDA Recommended Dietary Allowance, RDA is 15 mg Zn/d. Ther ...
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Quarter (United States Coin)
The quarter, short for quarter dollar, is a Coins of the United States dollar, United States coin worth 25 cent (U.S. coin), cents, one-quarter of a United States dollar, dollar. The coin sports the profile of George Washington on its obverse, and after 1998 its reverse design has changed frequently. It has been produced on and off since 1796 and consistently since 1831. It has a diameter of 0.955 inch (24.26 mm) and a thickness of 0.069 inch (1.75 mm). Its current version is composed of two layers of cupronickel (75% copper, 25% nickel) clad on a core of pure copper. With the cupronickel layers comprising 1/3 of total weight, the coin's overall composition is therefore 8.33% nickel, 91.67% copper. Its weight is 5.670 grams (0.1823 troy oz, or 0.2000 Avoirdupois system, avoirdupois oz). Designs before 1932 The choice of a quarter-dollar as a denomination, as opposed to the or the 20-cent piece that is more common elsewhere; it originated with the practice ...
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Dime (United States Coin)
The dime, in United States usage, is a ten-cent coin, one tenth of a United States dollar, labeled formally as "one dime". The denomination was first authorized by the Coinage Act of 1792. The dime is the smallest in diameter and is the thinnest of all U.S. coins currently minted for circulation, being in diameter and in thickness. The obverse of the current dime depicts the profile of President Franklin D. Roosevelt and the reverse boasts an olive branch, a torch, and an oak branch, from left to right respectively. The word ''dime'' comes from the Old French ''disme'' ( Modern French dîme), meaning "tithe" or "tenth part", from the Latin ''decima ars'. The dime is currently the only United States coin in general circulation that is not denominated in terms of dollars or cents. , the dime cost 5.65 cents to produce. History The Coinage Act of 1792 established the dime (spelled "disme" in the legislation), cent, and mill as subdivisions of the dollar equal to , and dol ...
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5-cent Piece (United States)
A nickel is a five- cent coin struck by the United States Mint. Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866. Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm). The silver half dime, equal to five cents, was issued from 1792 to 1873 before today's cupronickel version. The American Civil War caused economic hardship, driving gold and silver from circulation; in response, in place of low-value coins, the government at first issued paper currency. In 1865, Congress abolished the five-cent fractional currency note after Spencer M. Clark, head of the Currency Bureau (today the Bureau of Engraving and Printing), placed his own portrait on the denomination. After the successful introduction of two-cent and three-cent pieces without precious metal, Congress also authorized a five-cent piece consisting of base metal; the Mint began striking this version in 1866. The initial design of th ...
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Monetary Inflation
Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services. There is general agreement among economists that there is a causal relationship between monetary inflation and price inflation. But there is neither a common view about the exact theoretical mechanisms and relationships, nor about how to accurately measure it. This relationship is also constantly changing, within a larger complex economic system. So there is a great deal of debate on the issues involved, such as how to measure the monetary base and price inflation, how to measure the effect of public expectations, how to judge the effect of financial innovations on the transmission mechanis ...
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Greg Mankiw
Nicholas Gregory Mankiw (; born February 3, 1958) is an American macroeconomist who is currently the Robert M. Beren Professor of Economics at Harvard University. Mankiw is best known in academia for his work on New Keynesian economics. Mankiw has written widely on economics and economic policy. , the RePEc overall ranking based on academic publications, citations, and related metrics put him as the 45th most influential economist in the world, out of nearly 50,000 registered authors. He was the 11th most cited economist and the 9th most productive research economist as measured by the h-index. In addition, Mankiw is the author of several best-selling textbooks, writes a popular blog,For Greg Mankiw's blog, see and has since 2007 written approximately monthly for the Sunday business section of ''The New York Times.'' According to the Open Syllabus Project, Mankiw is the most frequently-cited author on college syllabi for economics courses. Mankiw is a conservative and has been ...
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Toll Booths
A tollbooth (or toll booth) is an enclosure placed along a toll road that is used for the purpose of collecting a toll from passing traffic. A structure consisting of several tollbooths placed next to each other is called a toll plaza, tollgate, or toll station. They have historically been staffed by transportation agents who manually collect the toll, but, in the modern day, many have been replaced with automatic electronic toll collection systems, such as E-ZPass in the Northeastern United States. Replacement In the 21st century, electronic toll collection systems have replaced the former locations of tollbooths around the world. Benefits of automatic toll collection include saving motorists time and money compared to traditional tollbooths. The COVID-19 pandemic led to further losses of tollbooths, causing the state of Maryland to accelerate its shift towards all-electronic tolling by eliminating all cash payments from toll facilities. Similarly, the Pennsylvania Turnp ...
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Vending Machine
A vending machine is an automated machine that provides items such as snacks, beverages, cigarettes, and lottery tickets to consumers after cash, a credit card, or other forms of payment are inserted into the machine or otherwise made. The first modern vending machines were developed in England in the early 1880s and dispensed postcards. Vending machines exist in many countries and, in more recent times, specialized vending machines that provide less common products compared to traditional vending machine items have been created. History The earliest known reference to a vending machine is in the work of Hero of Alexandria, an engineer, and mathematician in first-century Roman Egypt. His machine accepted a coin and then dispensed holy water. When the coin was deposited, it fell upon a pan attached to a lever. The lever opened a valve which let some water flow out. The pan continued to tilt with the weight of the coin until it fell off, at which point a counterweight snapped th ...
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Dollar Coin (United States)
The dollar coin is a United States coin with a face value of one United States dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794. While true gold dollars are no longer minted, the Sacagawea, Presidential, and American Innovation dollars are sometimes referred to as golden dollars because of their color. As with several other denominations of U.S. coinage, golden dollars are similar in diameter and color to their Canadian counterpart (known as the "loonie," which predates the Sacagawea dollar by thirteen years). However, unlike the 11-sided Canadian dollar coins, U.S. "golden dollar" coins are round. Dollar coins have never been popular in circulation since inception. Despite efforts by the government to promote their use to save the cost of printing one-dollar bills, such as the Presidential $1 Coin Program, most Americans currently use the bill. For this reason, sinc ...
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Wake Forest University
Wake Forest University is a private research university in Winston-Salem, North Carolina. Founded in 1834, the university received its name from its original location in Wake Forest, north of Raleigh, North Carolina. The Reynolda Campus, the university's main campus, has been located north of downtown Winston-Salem since the university moved there in 1956. The Atrium Health Wake Forest Baptist medical campus has two locations, the older one located near the Ardmore neighborhood in central Winston-Salem, and the newer campus at Wake Forest Innovation Quarter downtown. The university also occupies lab space at Biotech Plaza at Innovation Quarter, and at the Center for Nanotechnology and Molecular Materials. The university's Graduate School of Management maintains a presence on the main campus in Winston-Salem and in Charlotte, North Carolina. WFU's undergraduate and graduate colleges and schools include Wake Forest University School of Law, Wake Forest University School of Divi ...
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