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Which of the Following Is Included in ʺCompensation of Employeesʺ

question 240

Multiple Choice

Which of the following is included in ʺcompensation of employeesʺ part of the income approach to measuring GDP?
I. Wages and salaries.
II. Pension fund contributions.
III. Social security contributions.


Definitions:

Epinephrine

Also known as adrenaline, a hormone and a neurotransmitter that increases heart rate, muscle strength, blood pressure, and sugar metabolism.

Growth Hormone

A substance in humans and other animals that promotes growth, cell reproduction, and the healing of cells.

Antidiuretic Hormone

A hormone released by the pituitary gland that helps regulate the balance of water in the body by reducing the amount of water excreted by the kidneys.

Kidneys

Vital organs located in the back of the abdomen that filter blood to produce urine, regulate electrolytes, maintain acid-base balance, and regulate blood pressure.

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