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Dollar Bill Debate: Replacing Notes with Coins
Paperback

Dollar Bill Debate: Replacing Notes with Coins

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Since coins are more durable than notes and do not need replacement as often, many countries have replaced lower-denomination notes with coins to obtain a financial benefit, among other reasons. Six times over the past 22 years, the Government Accountability Office (GAO) has reported that replacing the $1 note with a $1 coin would provide a net benefit to the federal government of hundreds of millions of dollars annually. This book examines the net benefit to the government of replacing the $1 note with a $1 coin for the private sector and the public, and with a focus on the experiences of other countries doing so.

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MORE INFO
Format
Paperback
Publisher
Nova Science Publishers Inc
Country
United States
Date
29 May 2013
Pages
82
ISBN
9781624178320

Since coins are more durable than notes and do not need replacement as often, many countries have replaced lower-denomination notes with coins to obtain a financial benefit, among other reasons. Six times over the past 22 years, the Government Accountability Office (GAO) has reported that replacing the $1 note with a $1 coin would provide a net benefit to the federal government of hundreds of millions of dollars annually. This book examines the net benefit to the government of replacing the $1 note with a $1 coin for the private sector and the public, and with a focus on the experiences of other countries doing so.

Read More
Format
Paperback
Publisher
Nova Science Publishers Inc
Country
United States
Date
29 May 2013
Pages
82
ISBN
9781624178320