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What was Irving Fisher's profession?

  • Economist

  • Doctor

  • Lawyer

  • Engineer

Answer

Economist Irving Fisher was a prominent figure in the early 20th century, known for his work on monetary theory, price indices, and business cycles. He proposed the "quantity theory of money," which suggests that the price level is directly proportional to the quantity of money in circulation. Fisher also developed the "Fisher equation," which relates inflation to interest rates.
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