Have you taken a chemistry or biology class that describes diffusion and osmosis? If not you're going to have a difficult time with this. You're essentially asking questions that go to the underlying principles involved. I don't mind trying to give a "Sparknotes" summary, but you'd be better off going back to the foundational material (or reviewing it, if you've learned it before).
The catecholamines are essentially epi, norepi, and dopamine. (The first two are also referred to with the term "adrenergic.") They're hormones, so they're released into the bloodstream and hit all the organs and tissues. But they do different things at each location. The different effects are caused by different receptors within, for instance, your lungs and your skin. So as they hit the lungs, they cause the smooth muscles to relax -- bronchodilation. But as they hit the skin, they cause smooth muscle to constrict -- vasoconstriction. Same hormones, different receptors.
The catecholamine response is part of the sympathetic system, which is perfectly sensible to think of as the "fight or flight" response. The opposite is the parasympathetic response, which mostly uses acetylcholine -- the "rest and digest" effect. You can get pretty far trying to predict the effects of each on a certain organ system, based on the "would this help me battle a wooly mammoth, or chill out afterwards?" approach, but some of the effects aren't intuitive. Here's a summary:
As for fluids: you have a few things off. Something dissolved in something is called a SOLUTION. The SOLVENT dissolves the SOLUTE, or the SOLUTE is dissolved into the SOLVENT. So water might be the solvent and sodium chloride (NaCl) might be the solute, making a solution of saline.
If I farted in the corner of your room right now, the fart (solute) would not stay in the same spot of the room's air (solvent). It's high concentration there, and low concentration where you are. So it would gradually spread out until it was at the same concentration throughout the room. This is called diffusion.
The same thing happens in liquids. If you drop that NaCl into some water, it will gradually diffuse through it until it's at equilibrium (all the same). This is just a natural effect due to the random movement of particles.
If you placed a membrane across the water, one that allowed for particles of water and/or NaCl to cross it, this process would still occur. As long as the concentration on both sides is different, NaCl and water will diffuse in opposite directions across the membrane; where there's more NaCl, it'll move across to where there's less, and where there's more water, it'll move the opposite way. The side with more solute (NaCl) is
hypertonic, the side with less solute is
hypotonic; if they're equal, they're both
isotonic. These terms are relative, so they only have meaning when compared to something. When we say an IV solution is hypertonic, we mean compared to the fluid in a normal human body.
The important point is that water tends to follow solutes; it moves toward areas of high concentration in order to dilute them and achieve equilibrium. In the above example, the solute itself also diffused the opposite way, and this happens in the body too, but water is usually much more mobile. The "membrane" in the body is the walls of the blood vessels, the plasma membrane of the cells, etc.
So a hypertonic solution has more solute (stuff) than the solution that's inside your cells. We add it to your blood. Since your blood is now more concentrated than your cell contents, water will move out of the cells and into the blood. The cell is now dehydrated and your blood volume is increased. If we'd added a hypotonic solution, the opposite effect would occur; water would move out of the blood and into the cells to chase the higher concentration of solutes there.
This is a seriously :censored::censored::censored::censored::censored::censored::censored:ized explanation, and I'm trying to decide what to elucidate and what to leave out, but hopefully it makes some sense.