The Term Stagflation Refers To

question 60

Multiple Choice

The term stagflation refers to:

• A)a simultaneous reduction in output and the price level.
• B)a simultaneous increase in output and the price level.
• C)a decline in the price level accompanied by increases in real output and employment.
• D)an increase in the price level accompanied by decreases in real output and employment.
• E)a simultaneous increase in both the trade deficit and the budget deficit.

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Definitions:

Transformation

The incorporation of genetic material into a cell, thereby changing its phenotype. The conversion of a normal cell to a cancer cell (called a malignant transformation).

Plasmids

Small, circular, double-stranded DNA molecules found in bacteria and some yeasts that can replicate independently of chromosomal DNA.

Bacterial Cells

Single-celled microorganisms that lack a distinct nucleus and are found everywhere in nature, with roles from fermentation to causing diseases.

Palindromic Sequence

A sequence of DNA or RNA that is the same when read forwards or backwards.