Examlex
In the IP3 pathway, what is the function of IP3?
Domestic Output
Refers to the total value of all goods and services produced within a country's borders in a given time period, usually measured as GDP.
Tax Revenue
The revenue collected by governments via taxes.
Personal Income Taxes
These are taxes levied on individuals or households based on their total income from various sources, after allowances for deductions and credits.
Corporate Income Taxes
Taxes imposed on the income or profit of corporations, which can affect their investment decisions and economic growth.
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