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The first-order polynomial model is the same as the simple linear regression model.
Economic Booms
Periods of significant economic growth and prosperity, often characterized by increased production, sales, and employment rates.
Fiscal Policy
Government policies relating to taxation and spending that are used to influence economic conditions, including managing inflation and unemployment.
Fiscal Year
It is the annual period used for accounting purposes by an organization, differing from the calendar year, and is primarily adopted for tax, financial reporting, and budgeting.
Governmental Assistance
Financial support or aid provided by the government to individuals, businesses, or other governmental entities.
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