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Which of the following can be used to detect genetic disorders?
Price Level
An overall average price for the complete array of goods and services in the economy.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.
Market Basket
A selected set of goods and services used to track changes in prices and measure inflation over time; represents the typical consumption of a household.
Nominal GDP
The aggregate price of every ultimate good and service generated within a nation over a certain period, valued in the current monetary rates without modifications for inflationary changes.
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