L1
In 2024, it cost ______ to produce a penny.
𝖠 0.6 cents 𝖡 1.5 cents 𝖢 2 cents 𝖣 3.7 cents
𝖣 3.7 cents
Which question is unanswered by the article?
𝖠 When will penny production stop?
𝖡 How many pennies are currently in circulation?
𝖢 Has the United States discontinued other coins?
𝖣 Does every U.S. coin cost more to produce than it is worth?
𝖣 Does every U.S. coin cost more to produce than it is worth?
Which piece of information should not be included in a summary of the article?
𝖠 A penny costs more to make than it’s worth.
𝖡 Ending penny production is expected to save the U.S. government millions of dollars per year.
𝖢 The Fugio Cent was created in 1787.
𝖣 The penny’s value has decreased over time.
𝖢 The Fugio Cent was created in 1787.
Which is most likely to happen in the near future as a result of ending penny production?
𝖠 Pennies will disappear from piggy banks.
𝖡 Stores will no longer accept pennies from consumers who pay in cash.
𝖢 Consumers will be required to use tap-to-pay cards or phone apps for purchases.
𝖣 Consumers likely won’t notice negative effects.
𝖣 Consumers likely won’t notice negative effects.
What does phasing out mean in the following sentence? “Starting in early 2026, the United States will stop penny production, eventually phasing out the coin entirely.”
𝖠 eliminating
According to the article, what is a reason that some people oppose ending penny production?
𝖠 Low-income families who rely on small denominations may be negatively affected.
𝖡 Canada stopped producing pennies in 2012.
𝖢 Many Americans use cashless payments.
𝖣 By ending penny production, the U.S. government may save at least $56 million per year.
𝖠 Low-income families who rely on small denominations may be negatively affected.
Which is an example of inflation?
𝖠 an item being sold for 50 percent off
𝖡 the price of an item increasing over two years
𝖢 two stores selling an item for different prices
𝖣 a buy-one-get-one-free sale
𝖡 the price of an item increasing over two years
Which inference (logical conclusion) is best supported by the article?
𝖠 The U.S. Mint will create another 1-cent coin.
𝖡 The Mint could stop producing other coins in the future.
𝖢 Inflation will soon stop, making the penny more useful for consumers.
𝖣 Pennies will become very valuable after penny production ends.
𝖡 The Mint could stop producing other coins in the future.
How does the bar graph on page 15 support the article?
𝖠 It gives historical background about inflation.
𝖡 It identifies the cost to make various coins.
𝖢 It shows which coins are used most frequently.
𝖣 It shows how U.S. coin production has mostly decreased in recent years.
𝖣 It shows how U.S. coin production has mostly decreased in recent years.
What is the author’s main purpose for writing this article?
𝖠 to persuade readers to collect pennies
𝖡 to teach readers about the U.S. Treasury
𝖢 to inform readers about the causes and possible effects of an event
𝖣 to inspire readers to reconsider their spending habits
𝖢 to inform readers about the causes and possible effects of an event