praj-17/QA-MCQ-Open-ended huggingface dataset:
Title: United_States_dollar
Context: In the 16th century, Count Hieronymus Schlick of Bohemia began minting coins known as Joachimstalers (from German thal, or nowadays usually Tal, "valley", cognate with "dale" in English), named for Joachimstal, the valley where the silver was mined (St. Joachim's Valley, now Jáchymov; then part of the Kingdom of Bohemia, now part of the Czech Republic). Joachimstaler was later shortened to the German Taler, a word that eventually found its way into Danish and Swedish as daler, Norwegian as dalar and daler, Dutch as daler or daalder, Ethiopian as ታላሪ (talari), Hungarian as tallér, Italian as tallero, and English as dollar. Alternatively, thaler is said to come from the German coin Guldengroschen ("great guilder", being of silver but equal in value to a gold guilder), minted from the silver from Joachimsthal.

question: Who began minting the coins known as Joachimstalers? 

answer: Count Hieronymus Schlick of Bohemia

question: What is the modern name for St. Joachim's Valley? 

answer: Jáchymov

question: What were the Joachimstalers composed of? 

answer: silver

question: How did the word "taler" translate into Italian? 

answer: tallero

question: Other than "taler", what is the other name of the German coin? 

answer: Guldengroschen
Title: United_States_dollar
Context: The early currency of the United States did not exhibit faces of presidents, as is the custom now; although today, by law, only the portrait of a deceased individual may appear on United States currency. In fact, the newly formed government was against having portraits of leaders on the currency, a practice compared to the policies of European monarchs. The currency as we know it today did not get the faces they currently have until after the early 20th century; before that "heads" side of coinage used profile faces and striding, seated, and standing figures from Greek and Roman mythology and composite Native Americans. The last coins to be converted to profiles of historic Americans were the dime (1946) and the Dollar (1971).

question: What condition does a person have to meet to  be allowed by law on a coin? 

answer: deceased

question: Having portraits of leaders on coins was compared to who's policies? 

answer: European monarchs

question: When did modern day currency start getting the faces that they have? 

answer: 20th century

question: Other than Greek and Roman mythology, who else was featured on the "heads" side of past coins? 

answer: composite Native Americans

question: What was the last coin to be converted to the modern day style of having historic Americans on the face? 

answer: Dollar
Title: United_States_dollar
Context: In 1862, paper money was issued without the backing of precious metals, due to the Civil War. Silver and gold coins continued to be issued and in 1878 the link between paper money and coins was reinstated. This disconnection from gold and silver backing also occurred during the War of 1812. The use of paper money not backed by precious metals had also occurred under the Articles of Confederation from 1777 to 1788. With no solid backing and being easily counterfeited, the continentals quickly lost their value, giving rise to the phrase "not worth a continental". This was a primary reason for the "No state shall... make any thing but gold and silver coin a tender in payment of debts" clause in article 1, section 10 of the United States Constitution.

question: Which year was it when paper money was first issued without the backing of precious metals? 

answer: 1777

question: What was the first war that caused paper money to be issued? 

answer: Civil War

question: Which other war also caused a disconnect between paper money and precious metals? 

answer: War of 1812

question: The quick loss in value of paper money resulted in which phrase being hear? 

answer: "not worth a continental"

question: The loss in value resulted in a clause being written in which article in the US Constitution? 

answer: article 1
Title: United_States_dollar
Context: In February 2007, the U.S. Mint, under the Presidential $1 Coin Act of 2005, introduced a new $1 U.S. Presidential dollar coin. Based on the success of the "50 State Quarters" series, the new coin features a sequence of presidents in order of their inaugurations, starting with George Washington, on the obverse side. The reverse side features the Statue of Liberty. To allow for larger, more detailed portraits, the traditional inscriptions of "E Pluribus Unum", "In God We Trust", the year of minting or issuance, and the mint mark will be inscribed on the edge of the coin instead of the face. This feature, similar to the edge inscriptions seen on the British £1 coin, is not usually associated with U.S. coin designs. The inscription "Liberty" has been eliminated, with the Statue of Liberty serving as a sufficient replacement. In addition, due to the nature of U.S. coins, this will be the first time there will be circulating U.S. coins of different denominations with the same president featured on the obverse (heads) side (Lincoln/penny, Jefferson/nickel, Franklin D. Roosevelt/dime, Washington/quarter, Kennedy/half dollar, and Eisenhower/dollar). Another unusual fact about the new $1 coin is Grover Cleveland will have two coins with his portrait issued due to the fact he was the only U.S. President to be elected to two non-consecutive terms.

question: In which year was the new $1 US Presidential coin introduced? 

answer: 2007

question: What does the reverse side of the new coins feature? 

answer: Statue of Liberty

question: What is the official version of "In God We Trust" printed on the coins?  

answer: E Pluribus Unum

question: Which inscription was eliminated due to the Statue of Liberty being added to the coin? 

answer: "Liberty"

question: Which President will have two coins with his portrait on it? 

answer: Grover Cleveland
Title: United_States_dollar
Context: When the Federal Reserve makes a purchase, it credits the seller's reserve account (with the Federal Reserve). This money is not transferred from any existing funds—it is at this point that the Federal Reserve has created new high-powered money. Commercial banks can freely withdraw in cash any excess reserves from their reserve account at the Federal Reserve. To fulfill those requests, the Federal Reserve places an order for printed money from the U.S. Treasury Department. The Treasury Department in turn sends these requests to the Bureau of Engraving and Printing (to print new dollar bills) and the Bureau of the Mint (to stamp the coins).

question: Who can create "new high-powered money"? 

answer: Federal Reserve

question: Who does the Federal Reserve have to place an order with for printed money? 

answer: U.S. Treasury Department

question: Which organization stamps coins? 

answer: Bureau of the Mint

question: Which Bureau prints new dollars? 

answer: Engraving and Printing

question: Who can freely withdraw from  their reserve accounts at the Federal Reserve? 

answer: Commercial banks
Title: United_States_dollar
Context: The value of the U.S. dollar declined significantly during wartime, especially during the American Civil War, World War I, and World War II. The Federal Reserve, which was established in 1913, was designed to furnish an "elastic" currency subject to "substantial changes of quantity over short periods", which differed significantly from previous forms of high-powered money such as gold, national bank notes, and silver coins. Over the very long run, the prior gold standard kept prices stable—for instance, the price level and the value of the U.S. dollar in 1914 was not very different from the price level in the 1880s. The Federal Reserve initially succeeded in maintaining the value of the U.S. dollar and price stability, reversing the inflation caused by the First World War and stabilizing the value of the dollar during the 1920s, before presiding over a 30% deflation in U.S. prices in the 1930s.

question: During which times does the value of the dollar typically decline? 

answer: wartime

question: When was the Federal Reserve established? 

answer: 1913

question: What was the Federal Reserve designed to furnish? 

answer: an "elastic" currency

question: What had previously kept prices stable? 

answer: gold standard

question: How much did the US prices deflate in the 1930s? 

answer: 30%
Title: United_States_dollar
Context: There is ongoing debate about whether central banks should target zero inflation (which would mean a constant value for the U.S. dollar over time) or low, stable inflation (which would mean a continuously but slowly declining value of the dollar over time, as is the case now). Although some economists are in favor of a zero inflation policy and therefore a constant value for the U.S. dollar, others contend that such a policy limits the ability of the central bank to control interest rates and stimulate the economy when needed.

question: What would zero inflation mean for the US dollar over time? 

answer: constant value

question: What would result in a slow declining of the value of the dollar over time? 

answer: low, stable inflation

question: Who is in favor of a zero inflation policy? 

answer: some economists

question: A zero inflation policy would limit who's influence and ability to react? 

answer: central bank

question: With a zero inflation rate, what would the central bank be unable to do other than control interest rates? 

answer: stimulate the economy
Title: United_States_dollar
Context: The word "dollar" is one of the words in the first paragraph of Section 9 of Article 1 of the U.S. Constitution. In that context, "dollars" is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U.S. Congress adopted legislation titled An act establishing a mint, and regulating the Coins of the United States. Section 9 of that act authorized the production of various coins, including "DOLLARS OR UNITS—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver". Section 20 of the act provided, "That the money of account of the United States shall be expressed in dollars, or units... and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation". In other words, this act designated the United States dollar as the unit of currency of the United States.

question: What is "dollars" a reference to? 

answer: the Spanish milled dollar

question: How much value did a Spanish milled dollar have in relation to Spanish units of currency? 

answer: 8 Spanish units

question: How many grains of standard silver were meant to be in a single dollar? 

answer: four hundred and sixteen

question: How much value was one dollar meant to be equivalent to? 

answer: a Spanish milled dollar

question: How many grains of pure silver were meant to be in a single dollar? 

answer: three hundred and seventy-one
Title: United_States_dollar
Context: A "grand", sometimes shortened to simply "G", is a common term for the amount of $1,000. The suffix "K" or "k" (from "kilo-") is also commonly used to denote this amount (such as "$10k" to mean $10,000). However, the $1,000 note is no longer in general use. A "large" or "stack", it is usually a reference to a multiple of $1,000 (such as "fifty large" meaning $50,000). The $100 note is nicknamed "Benjamin", "Benji", "Ben", or "Franklin" (after Benjamin Franklin), "C-note" (C being the Roman numeral for 100), "Century note" or "bill" (e.g. "two bills" being $200). The $50 note is occasionally called a "yardstick" or a "grant" (after President Ulysses S. Grant, pictured on the obverse). The $20 note is referred to as a "double sawbuck", "Jackson" (after Andrew Jackson), or "double eagle". The $10 note is referred to as a "sawbuck", "ten-spot" or "Hamilton" (after Alexander Hamilton). The $5 note as "Lincoln", "fin", "fiver" or "five-spot". The infrequently-used $2 note is sometimes called "deuce", "Tom", or "Jefferson" (after Thomas Jefferson). The $1 note as a "single" or "buck". The dollar has also been, referred to as a "bone" and "bones" in plural (e.g. "twenty bones" is equal to $20). The newer designs, with portraits displayed in the main body of the obverse rather than in cameo insets upon paper color-coded by denomination, are sometimes referred to as "bigface" notes or "Monopoly money".

question: What is a "grand" sometimes shortened to? 

answer: "G"

question: What is another term other than "large" that means a stack of mutiple thousands? 

answer: "stack"

question: What is a "C-note" a reference to? 

answer: the Roman numeral for 100

question: Which note is occasionally called a "yardstick"? 

answer: $50

question: What is another term for "bigface" notes? 

answer: Monopoly money
Title: United_States_dollar
Context: The U.S. dollar was created by the Constitution and defined by the Coinage Act of 1792. It specified a "dollar" to be based in the Spanish milled dollar and of 371 grains and 4 sixteenths part of a grain of pure or 416 grains (27.0 g) of standard silver and an "eagle" to be 247 and 4 eighths of a grain or 270 grains (17 g) of gold (again depending on purity). The choice of the value 371 grains arose from Alexander Hamilton's decision to base the new American unit on the average weight of a selection of worn Spanish dollars. Hamilton got the treasury to weigh a sample of Spanish dollars and the average weight came out to be 371 grains. A new Spanish dollar was usually about 377 grains in weight, and so the new U.S. dollar was at a slight discount in relation to the Spanish dollar.

question: What defined the US dollar? 

answer: Coinage Act of 1792

question: What was the dollar based on? 

answer: the Spanish milled dollar

question: How many grams of gold roughly were in an eagle? 

answer: 17

question: Who made the decision to base the American Unit on the weight on the Spanish dollar? 

answer: Alexander Hamilton

question: What was the average weight of a new Spanish dollar in terms of grains? 

answer: 377
Title: United_States_dollar
Context: The United States Mint produces Proof Sets specifically for collectors and speculators. Silver Proofs tend to be the standard designs but with the dime, quarter, and half dollar containing 90% silver. Starting in 1983 and ending in 1997, the Mint also produced proof sets containing the year's commemorative coins alongside the regular coins. Another type of proof set is the Presidential Dollar Proof Set where four special $1 coins are minted each year featuring a president. Because of budget constraints and increasing stockpiles of these relatively unpopular coins, the production of new Presidential dollar coins for circulation was suspended on December 13, 2011, by U.S. Treasury Secretary Timothy F. Geithner. Future minting of such coins will be made solely for collectors.

question: What is specifically produced for collectors? 

answer: Proof Sets

question: What is the percentage of silver in coins in the Silver Proofs? 

answer: 90%

question: When did the Mint being producing proof sets? 

answer: 1983

question: Other than the Silver Proof set, what other type of Proof set exists? 

answer: Presidential Dollar Proof Set

question: When was the production of Presidential dollar coins suspended? 

answer: December 13, 2011
Title: United_States_dollar
Context: The Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time". That provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the "Statements" are currently being expressed in U.S. dollars (for example, see the 2009 Financial Report of the United States Government). The U.S. dollar may therefore be described as the unit of account of the United States.

question: What dictates that a receipt for expenditures of all public money must be published? 

answer: The Constitution

question: Which section specifically states that receipts for public money must be published? 

answer: Section 331

question: Which currency are the sums of money in the "Statements" displayed in? 

answer: U.S. dollars

question: What is the unit of account of the United States? 

answer: U.S. dollar
Title: United_States_dollar
Context: Currently printed denominations are $1, $2, $5, $10, $20, $50, and $100. Notes above the $100 denomination stopped being printed in 1946 and were officially withdrawn from circulation in 1969. These notes were used primarily in inter-bank transactions or by organized crime; it was the latter usage that prompted President Richard Nixon to issue an executive order in 1969 halting their use. With the advent of electronic banking, they became less necessary. Notes in denominations of $500, $1,000, $5,000, $10,000 and $100,000 were all produced at one time; see large denomination bills in U.S. currency for details. These notes are now collectors' items and are worth more than their face value to collectors.

question: What is the highest currently printed denomination of bill? 

answer: $100

question: In which year were notes valued above $100 no longer printed? 

answer: 1946

question: When were bills above the $100 denomination withdrawn from circulation? 

answer: 1969

question: What use of higher value bills prompted Nixon to halt the use of said bills? 

answer: organized crime

question: What was issued to halt the use of higher currency denomations? 

answer: an executive order
Title: United_States_dollar
Context: The colloquialism "buck"(s) (much like the British word "quid"(s, pl) for the pound sterling) is often used to refer to dollars of various nations, including the U.S. dollar. This term, dating to the 18th century, may have originated with the colonial leather trade. It may also have originated from a poker term. "Greenback" is another nickname originally applied specifically to the 19th century Demand Note dollars created by Abraham Lincoln to finance the costs of the Civil War for the North. The original note was printed in black and green on the back side. It is still used to refer to the U.S. dollar (but not to the dollars of other countries). Other well-known names of the dollar as a whole in denominations include "greenmail", "green" and "dead presidents" (the last because deceased presidents are pictured on most bills).

question: What is the British equivalent of a "buck"? 

answer: quid

question: In which century can the term "buck" be traced back to? 

answer: 18th

question: What kind of trade may have been the origin of the "buck"? 

answer: colonial leather trade

question: What was the nickname given to the Demand Note dollars that were used to finance the Civil War? 

answer: Greenback

question: What color other than green was used on the backside of the original note? 

answer: black
Title: United_States_dollar
Context: The value of the U.S. dollar was therefore no longer anchored to gold, and it fell upon the Federal Reserve to maintain the value of the U.S. currency. The Federal Reserve, however, continued to increase the money supply, resulting in stagflation and a rapidly declining value of the U.S. dollar in the 1970s. This was largely due to the prevailing economic view at the time that inflation and real economic growth were linked (the Phillips curve), and so inflation was regarded as relatively benign. Between 1965 and 1981, the U.S. dollar lost two thirds of its value.

question: What was the value of the U.S. dollar no longer anchored to? 

answer: gold

question: Who's duty did it become to maintain the value of the U.S. currency? 

answer: Federal Reserve

question: What move did the Federal Reserve take that resulted in stagflation and the decline of the U.S. dollar? 

answer: increase the money supply

question: What claimed that inflation and economic growth were linked? 

answer: the Phillips curve

question: How much value did the U.S. dollar lose between 1965 and 1981? 

answer: two thirds
Title: United_States_dollar
Context: The dollar was first based on the value and look of the Spanish dollar, used widely in Spanish America from the 16th to the 19th centuries. The first dollar coins issued by the United States Mint (founded 1792) were similar in size and composition to the Spanish dollar, minted in Mexico and Peru. The Spanish, U.S. silver dollars, and later, Mexican silver pesos circulated side by side in the United States, and the Spanish dollar and Mexican peso remained legal tender until the Coinage Act of 1857. The coinage of various English colonies also circulated. The lion dollar was popular in the Dutch New Netherland Colony (New York), but the lion dollar also circulated throughout the English colonies during the 17th century and early 18th century. Examples circulating in the colonies were usually worn so that the design was not fully distinguishable, thus they were sometimes referred to as "dog dollars".

question: What was the look of the dollar based on? 

answer: Spanish dollar

question: In which century did the Spanish dollar start being used in Spanish America? 

answer: 16th

question: When was the United States Mint founded? 

answer: 1792

question: Outside of Mexico, where else was the Spanish dollar minted? 

answer: Peru

question: When were the Spanish dollar and Mexican peso no longer accepted as legal tender? 

answer: 1857
Title: United_States_dollar
Context: The Gold Standard Act of 1900 abandoned the bimetallic standard and defined the dollar as 23.22 grains (1.505 g) of gold, equivalent to setting the price of 1 troy ounce of gold at $20.67. Silver coins continued to be issued for circulation until 1964, when all silver was removed from dimes and quarters, and the half dollar was reduced to 40% silver. Silver half dollars were last issued for circulation in 1970. Gold coins were confiscated by Executive Order 6102 issued in 1933 by Franklin Roosevelt. The gold standard was changed to 13.71 grains (0.888 g), equivalent to setting the price of 1 troy ounce of gold at $35. This standard persisted until 1968.

question: What was the name of the act introduced in the year 1900? 

answer: Gold Standard Act

question: How much gold in grams was one dollar equivalent to? 

answer: 1.505

question: How much was 1 troy ounce of gold worth? 

answer: $20.67

question: Which year brought the end to silver being in dimes and quarters? 

answer: 1964

question: Which President confiscated gold coins? 

answer: Franklin Roosevelt