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Explain the difference between a large stock dividend and a small stock dividend. In addition, explain how to record these two types of stock dividends.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a reference rate for various types of loans.
Inflation
The advancement rate at which the general price levels of goods and services elevate, diminishing spending power.
CPI
This index, known as the Consumer Price Index, evaluates the weighted average cost of a collection of goods and services bought by consumers, covering areas like food, medical care, and transportation.
Base Year
A specific year against which economic growth is measured, serving as a benchmark for relative economic data comparisons.
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