Match These Definitions with the Appropriate Term

question 130

Multiple Choice

Match these definitions with the appropriate term.
-The functional unit of heredity; it is composed of DNA and specifies the structure of proteins.

• A)DNA
• B)chromosome
• C)gene
• D)genome
• E)genetic marker

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Definitions:

Inflation Expectations

The rate at which people anticipate prices will increase in the future, which can influence current economic behavior and monetary policy.

Short-run Phillips Curve

A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in the short-term.

Production Costs

The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.

Central Bank

A nation's principal monetary authority, which regulates the money supply and interest rates in pursuit of economic objectives.