Table of Contents
- 1 Why did the Coinage Act of 73 become known as the crime of 73?
- 2 How does Gresham’s law operate?
- 3 How did the Coinage Act of 1873 impact the economy?
- 4 What was the purpose of the coinage act quizlet?
- 5 What is 1903 Coinage Act?
- 6 What do you need to know about the International Normalized Ratio?
- 7 Is the INR a value or a ratio?
- 8 How often should INR be determined for mechanical valves?
Why did the Coinage Act of 73 become known as the crime of 73?
The law was labeled a “crime” by those who were left holding relatively worthless silver coins, as well as those who opposed the gold standard as monetary rule.
How does Gresham’s law operate?
Gresham’s law says that legally overvalued currency will tend to drive legally undervalued currency out of circulation. In the absence of effectively enforced legal tender laws, such as in hyperinflationary crises or international commodity and currency markets, Gresham’s law operates in reverse.
Are coins considered currency?
What Is Currency? Currency is a medium of exchange for goods and services. In short, it’s money, in the form of paper or coins, usually issued by a government and generally accepted at its face value as a method of payment.
How did the Coinage Act of 1873 impact the economy?
The Act caused silver prices to fall even more than they previously had (due to oversupply), resulting in an increase in gold prices. It also caused the silver mining western part of the country to be at odds with the gold counting eastern part. The country was divided yet again.
What was the purpose of the coinage act quizlet?
Under pressure from creditors, Congress passed this act to eliminate the use of silver for coinage (demonetization of silver). This greatly upset western silver miners and those who wanted bimetallism (the use of both gold and silver for coins).
What was the purpose of the Coinage Act quizlet?
What is 1903 Coinage Act?
ON March 2, 1903, the act commonly known as the Philippine Coinage Act, “to establish a standard of value and provide for a coinage system in the Philippine Islands,” became law.
What do you need to know about the International Normalized Ratio?
The international normalized ratio (INR) is a standardized number that’s figured out in the lab. If you take blood thinners, also called anti-clotting medicines or anticoagulants, it may be important to check your INR. The INR is found using the results of the prothrombin time (PT) test. This measures the time it takes for your blood to clot.
What should the International Normalized Ratio be for anticoagulation?
The International Normalized Ratio (INR) accurately reflects this effect. The risk of bleeding increases as the INR rises, an INR ranging from 2 to 3 is generally needed for effective anticoagulation and carries a low risk of bleeding. An INR of 3–4.5 is necessary in the presence of a major thromboembolic risk.
Is the INR a value or a ratio?
The INR is a ratio, so it’s just a number, not a number tied to time or another value. Your results will vary according to your age, the medicines you take, and any health problems you have. In general, the higher the number, the longer it takes for your blood to clot.
How often should INR be determined for mechanical valves?
Once the patient has two INRs between 2.0 and 3.0 (or 2.5–3.5 for mechanical valves) obtained weekly, the INR determinations could be carried out every 2 weeks. If the INR remains stable the INR could then be determined once monthly.