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The following questions refer to the graph below.
Index of Common Stock Prices (1926=100)
-Using your knowledge of United States History,answer parts a,b,and c.
a)Briefly explain why ONE of the following most significantly changed the nature of the United States' economy.
-The growth of corporations
-American expansion overseas
-The New Deal
b)Provide ONE piece of specific historical evidence to support your explanation.
c)Briefly explain why ONE of the other options is not as good as the one you chose.
Elimination
The process of removing intercompany transactions when consolidating financial statements of a group.
Consolidation
The process of combining the financial statements of multiple subsidiaries with those of the parent company to present as a single entity.
Company Tax Rate
The percentage of a company's taxable income that it must pay to the government as corporate income tax.
Rent Revenue
Income earned by a company from renting out properties or equipment to others.
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