To find the circumference of a circle, you can use the formula:
\[ C = \pi d \]
where \( C \) is the circumference and \( d \) is the diameter of the circle.
For a circle with a diameter of \( \frac{1}{2} \) inch:
\[ C = \pi \times \frac{1}{2} \approx 3.14159 \times 0.5 \approx 1.570795 \text{ inches} \]
So, the circumference of the circle is approximately \( 1.57 \) inches.