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How Have Budget Deficits and the National Debt Changed Over

question 159

Essay

How have budget deficits and the national debt changed over the last few decades? What have been the consequences, thus far, of them?


Definitions:

Multiple Logistic Regression

A statistical method that models the relationship between multiple independent variables and a binary dependent variable.

Dependent/Outcome Variable

The variable in an experiment or statistical model that is assumed to depend on or be caused by another variable(s).

Forty-Year-Old

An individual or subject that has reached the age of forty, often used in demographics or studies to define a particular age group.

Significant Predictor

A significant predictor in statistics is a variable in a statistical model that has a strong relationship with the outcome variable.

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