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It Is Expected That the Human Genome Project,by Mapping DNA,can

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Essay

It is expected that the Human Genome Project,by mapping DNA,can lead to the development of new drugs in two ways.Briefly explain how new drugs can be developed as a result of the Human Genome Project.


Definitions:

Incentive Function

The aspect of economic policy or mechanism designed to motivate individuals or entities to act in a certain way by offering rewards.

Labor's Share

The portion of national income or the total output of the economy that is allocated to workers in the form of wages and salaries.

National Income

The total income earned by a country's residents and businesses, including wages, profits, and investment returns, reflecting the economic health of the nation.

Present Value

The value at present of future monetary sums or cash flow streams, determined by applying a given rate of return.

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