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“ ‘We’re talking about an entire paradigm shift in medicine going from chronic treatments that you take every day once a week once a month maybe twice a year to theoretically a drug that you take once in your life or a drug that you take once and it’s durable for 5 to 8 to10 years…’ The biggest concern over these gene editing drugs are unintended mutations caused by off-target edits and while CRSPR treatments have shown great promise to treat a multitude of diseases many researchers say more time is needed to study the potential consequences of these drugs…  The price tag for these onetime gene therapy drugs is estimated to be in the millions. Will patients and insurers favor a potential cure at a massive cost over recurring less expensive therapies?” Using this snippet from “CRSP Stock On Wild Ride After FDA’s Historic Approval. These Gene Editing Treatments Could Be Next,” what is a positive impact of CRSPR technology?

  In the graph, Line 2 represents the __________, and, at an interest rate of 6%, a __________ of loanable funds exists.  

  In the graph, at an interest rate of 5%, the  

Refer to the following graph when answering the next five questions.   With respect to inflation, we can observe that  

“The role of regulatory oversight is less clear when the technique is used to alter food crops…farmers in Argentina and Minnesota will plant the world’s first gene-edited crops for market. CRISPR provides an unparalleled ability to insert almost any trait into plants—drought or pest resistance, more of this vitamin or less of that nutritional villain du jour. Dupont, for instance, is putting the finishing touches on its first drought-resistant corn, and biotech company Calyxt has created a potato that doesn’t produce cancerous compounds when fried; it’s also planting its first crop of soy plants modified to produce higher amounts of healthy oleic-acid fats.” Based on this reading from Park’s “The CRISPR Pioneers,” explain a positive impact of CRSPR technology. 

  If the dollar price of a 1-year bond is $4,000 and the face value of the bond is $4,300, the interest rate paid by the bond is equal to  

Refer to the following graph when answering the next five questions.   If we define inflation as being under control at rates less than 10%, when was inflation under control?  

  Anything that lengthens the job search process __________ unemployment.  

  Default risk means that the issuer of the bond  

Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the next seven questions. Year Nominal GDP Real GDP GDP Deflator 2015 ________ $650 100.0 2016 $700 ________ 103.7 2017 $775 $725 ________ 2018 ________ $750 110.0     What was the growth rate of nominal gross domestic product (GDP) from 2016 to 2017?