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Which is NOT a distinct stage of the policy process?
Corporate Income Tax
Taxes imposed on the net income of corporations.
Proprietorship
A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.
Interest Rates
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Expected Inflation
The rate at which the general level of prices for goods and services is anticipated to rise over a specific period.
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