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For Calculations of Employee Compensation in the National Income and Product

question 68

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For calculations of employee compensation in the national income and product accounts, nonmonetary benefits, such as in-kind benefits, are excluded.


Definitions:

Nuclear Equivalence

The principle suggesting that all somatic cells of an organism have the same genetic material and therefore, in theory, have the potential to develop into any type of cell or even a whole organism.

Differential Gene Expression

The process by which genes are turned on or off in different cell types, allowing for cellular diversity and function.

Teratogen

Any agent capable of interfering with normal morphogenesis in an embryo, thereby causing malformations; examples include radiation, certain chemicals, and certain infectious agents.

Morphogenesis

The biological process that causes an organism to develop its shape and structure.

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