Instructions: Identify the Following

question 11

Essay

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
September 11, 2001

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Definitions:

Social Choice

The problem of deciding what society wants. The process of adding up individual preferences to make a choice for society as a whole.

Estate

The property that a person owns at the time of his or her death.

Stock Measure

An assessment or quantification of a resource or asset at a specific point in time.

Irving Fisher

An American economist known for his work in the fields of statistics, monetary theory, and interest rates.