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from the 1930s onwards. It attempts to discover the different linear relationships between several observable variables, taking into account measurement errors.<br /><em>Reference</em><br />Frisch, R. (1934) Statistical Confluence Analysis by Means of Complete Regression Systems, Oslo: Universitetets okonomiske institutt.
<strong>Guarantor (or guaranty agency)</strong> – A state or private nonprofit organization that has an agreement with the U.S. Secretary of Education to administer the FFEL Program. The MDHE is Missouri' s state-designated guaranty agency.
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implicit marginal income (H2)<br />The size of the fall in the amount of a subsidy when income rises. This typically occurs when welfare benefits are stopped because income has reached a threshold level.<br /><em>See also:</em> poverty trap
<strong>VA</strong> – Veterans Administration, now the Department of Veterans Affairs (DVA).
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