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Federal Debt
A stock variable that measures the net accumulation of annual federal deficits.
Stock Variable
A measure of a quantity at a particular point in time, contrasting with flow variables, which are measured over a period of time.
Federal Deficits
The amount by which government spending exceeds revenue over a period, usually a fiscal year.
Reagan Administration
The Reagan Administration, led by President Ronald Reagan from 1981 to 1989, is known for its conservative policies, including tax cuts, deregulation, and increased defense spending.
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