Examlex
Absolute refractory periods occur in the axon of the cell; relative refractory periods occur in the dendrite or soma of the cell.
Personal Income Tax
Tax imposed on individuals based on their income, including wages, salaries, and investment income.
Trade Deficit
A condition in which a nation's expenditures on imported goods and services surpass its income from exports, leading to a trade deficit.
Trade Deficit
A situation that occurs when a country's imports of goods and services exceed its exports.
Merchandise Balance
The difference in value between a country's imports and exports of goods.
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