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Avery, MacLeod, and McCarty (1944)demonstrated That DNA Was the Molecule

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Avery, MacLeod, and McCarty (1944) demonstrated that DNA was the molecule of heredity by treating heat killed Streptococcus pneumoniae S (smooth) strain with DNase, thereby preventing transfer of the "transforming substance" from the killed S strain to the live R (rough) strain when the two were mixed together and injected into mice. Another way that one could demonstrate transformation in bacteria would be to extract DNA from


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Inflation Rate

The percent change in the price level of goods and services in an economy over a period of time, typically measured annually.

PPI

Producer Price Index, a measure of the average change over time in the selling prices received by domestic producers for their output.

Basket of Goods

A set of products or commodities compiled for the purpose of monitoring price changes in the market over time.

Nominal Interest Rate

The stated interest rate on a loan or financial product, not adjusted for inflation, reflecting the actual rate charged or paid.

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