Neither. A fraction is a quotient. The line in a fraction can be read as "divided by."
3/4 is the same as 3 divided by 4.
The 3 is the dividend, the 4 is the divisor and 3/4 is the quotient.
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The quotient is less than the fraction.
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Invert the fraction and multiply.
The quotient is larger than the original fraction.