What Is a SNP

question 65

Multiple Choice

What is a SNP?

• A) a computer chip that recognizes differences in DNA sequences
• B) variation in a single nucletide of a DNA sequence
• C) a tool used in DNA research to cut segments of DNA
• D) a drug developed from DNA technology
• E) a highly conserved sequence of DNA

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Definitions:

Shoeleather Costs

Shoeleather costs are the metaphorical costs of inflation, referring to the time and effort spent trying to avoid holding onto cash as it loses value.

Real Interest Rate

The rate of interest an investor expects to receive after allowing for inflation.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Fisher Effect

A theory proposed by economist Irving Fisher that describes the relationship between inflation and both real and nominal interest rates.