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Explain the OAA concept in S corporation taxation.
Mass Production
The large-scale manufacturing of goods through standardized processes, allowing for the efficient production of large quantities of identical items.
Age-sex Pyramid
A graphical representation of the age and sex distribution of a population, typically a bar graph, which provides insights into demographic trends and potential social and economic impacts.
Birthrate
A measure of fertility, usually expressed as the number of births per 1,000 people in a population in a given year.
Immigration
The action of coming to live permanently in a foreign country, often resulting from the desire for better opportunities or to escape adverse conditions.
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