no, three halves is 11/2
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Three quarters is one quarter less than "1" AND three quarters adds up to 75 cents which is 25 cents less than one dollar. So three quarters is both smaller than "1" and smaller than a dollar!
Two-thirds.
1 1/2
When you take a smaller-than-1 piece of something that's already smaller than 1, the result must be less than 1.
1/2 of an inch would be smaller than 3/4ths of an inch.