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ETHANOL

Glossary of Terms

E85: Term that refers to high-level ethanol-gasoline blends containing 51% to 83% ethanol, depending on geography and season.

Fuel Ethanol: Motor gasoline blending component produced from fermenting biomass that is rich in starches and sugars. It is typically derived from corn and sugar cane.

Gross Domestic product (GDP): Monetary value of all the finished goods and services produced within a country’s borders in a specific period of time, usually a year.

Gross Domestic product contribution: Value added of a given industry. Value added is the total value of the goods and services produced by businesses in the country. Value added represents the net economic benefits that accrue to the nation because of increased economic output.

Household Income: Represents the income from all sources received by residents, including total wages & salaries, benefits, interest, dividends, & transfer payments, less all contributions to Social Security/Medicare. 

Tax Revenue: Revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes.

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