Unusually High Rates of Rare Heritable Traits,such as Achromatopsia in the Pingelapese

question 18

Multiple Choice

Unusually high rates of rare heritable traits,such as achromatopsia in the Pingelapese people,is often due to ________.

• A) genetic drift
• B) natural selection
• C) hitchhiking
• D) the founder effect
• E) None of the above.

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Definitions:

Rational Expectationists

Economic theorists who believe individuals make predictions based on available information and in a way that errors cancel out over time.

Recessionary Gaps

A situation in macroeconomics where the real GDP is lower than the potential GDP, indicating underutilized resources and less-than-full employment in the economy.

Inflationary Gaps

Situations where the demand for goods and services exceeds the production capacity of the economy, leading to an upsurge in price levels.

Classical Economists

A group of economists in the 18th and 19th centuries who believed in free markets, the self-regulating nature of economies, and the importance of competition.