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The Bernoulli Equation can be written as:

$$P+\rho gh+\frac { 1 }{ 2 } { \rho \upsilon }^{ 2 }=constant$$

The second and third terms in this equation represent, respectively

The gravitational potential energy and kinetic energy of the fluid.

The kinetic energy and graviational potential energy of the fluid.

The gravitational potential energy per unit volume and the kinetic energy per unit volume of the fluid.

The kinetic energy per unit volume and the gravitational potential energy per unit volume of the fluid.