What type of system is the US dollar based on?
decimal
Is the Spanish dollar the same system?
no
through what legal means were monetary units established?
an act
what was it called?
the coinage act
What was $100 dollars referred to as in the 1800s?
a union
was there a union coin?
no
what did exist to equal a union?
patterns for the $50 half union
what are used today to represent fractions of the dollar?
coins
why are gas prices in the form of  $X.XX9 per gallon?
to represent the mill
when else is a mill used?
levies
what kind?
tax
are coins or paper money more comonly used today?
the note form
what are coins also known as?
unknown
what did a $25 gold coin represent?
Quarter Union
what term was used in the coinage act for naming currency?
eagle
what year was the Act?
1792
what is .10 represented by?
dime
what did James Guthrie propose?
creating $100, $50 and $25 gold coins
when?
In 1854
what was his title?
Secretary of the Treasury