Jim: The United States Mint has recently announced that the rising cost of raw copper,
nickel, and zinc has pushed the cost of manufacturing each penny and nickel to more than 1
cent and 5 cents respectively. In addition, there are very few, if any, items that can be
purchased for 5 cents, and virtually none that can be purchased for a penny. Since it appears
that both the penny and the nickel no longer provide a necessary function in today’s
economy, I propose that the government simply stop minting the coins at a loss and declare
the base unit of U.S. currency to be the dime.
Mary: Don’t be silly. This would mean that all prices would round up to the nearest dime
and nobody would go for that. There is simply no way that Congress would approve, much
less consider, such an unpopular measure. In her response to Jim, Mary does all of the
A) Makes an assumption about how Jim’s proposal would affect prices.
b) Implies that Congressional approval is necessary for Jim’s proposal to take effect.
c) Provides a reason why Jim’s proposal would be difficult to implement, regardless of its
d) Assumes that Congress will never approve a policy that has little public support.
e) Attempts to undermine all or some of the premises upon which Jim justifies his proposal.
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