Volume of air inspired or expired with each normal breath is known as :Inspiratory capacityTotal Lung capacityTidal volumeResidual volume

The volume of air inspired or expired with each normal breath is known as Tidal Volume.

Explanation:

1. Tidal Volume (TV): This is the amount of air that is inhaled or exhaled during a normal breath. It is typically about 500 mL in adults at rest.
2. Inspiratory Capacity (IC): This refers to the maximum amount of air that can be inhaled after a normal expiration. It includes the tidal volume and the inspiratory reserve volume.
3. Total Lung Capacity (TLC): This is the total volume of air the lungs can hold, which is the sum of all lung volumes.
4. Residual Volume (RV): This is the volume of air remaining in the lungs after a maximal exhalation.

Thus, the correct answer to your question is Tidal volume.