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:Edit: Ahh, my reply didn't come through. This is in response to the first post of the second page? xD
Hm... the only problem I see about this is that one of the main sources in support of the abolishment suggested a rounding up/down of prices in order to compensate for the lack of pennies. And I wrote in support of the penny's abolishment, and thought that most sources supported that... but I could be very wrong. Hm. And since I'm also in AP Econ, I supported my argument with o a lot of econ stuff... :P