National Income Is Defined as

question 106

Multiple Choice

National income is defined as

• A)the total income of a nation's permanent residents minus losses from depreciation.
• B)the income that households and noncorporate businesses receive.
• C)the total income earned by a nation's permanent residents in the production of goods and services.
• D)the income that households and noncorporate businesses have left after satisfying all their obligations to the government.

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Definitions:

Peripheral Vasoconstriction

The narrowing of blood vessels in the peripheral parts of the body, a process that helps regulate blood pressure and body temperature.

Ethanol

A type of alcohol used as a fuel, solvent, and in alcoholic beverages.

ADH

Antidiuretic hormone (ADH), a hormone produced by the pituitary gland that regulates water balance in the body by controlling the concentration of urine.

Ketone Bodies

Ketone bodies are compounds produced as by-products when fatty acids are broken down for energy in the liver and kidneys.