Harding's Administration Is MOST Remembered for

question 63

Multiple Choice

Harding's administration is MOST remembered for

• A) the fact that he served many terms.
• B) the poor state of the economy while he was president.
• C) his promotion of the arts and culture.
• D) the scandals that plagued it.
• E) its overwhelming popularity with the American people.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses and taxes from total revenue, indicating profitability.

Net Income

The profit of a company after all expenses and taxes have been deducted from total revenue.

Retained Earnings

The portion of a company's profits that is held or retained and saved for future use, investment, or to pay debt, instead of being paid out as dividends.

Statement Of Retained Earnings

A financial report that reveals the changes in retained earnings for a particular period of time.