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Keynes effect (E3)<br />The indirect effect on the demand for commodities resulting from a change in the general price leveL This price level will affect the price of bonds and hence interest rates, the level of net investment and so the demand for commodities. A shift in the LM curve shows that this effect is in operation.<br /><em>Reference</em><br />Ackley, G. (1951) 'The wealth-saving relationship', Journal of Political Economy 59: 154-61.
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<strong>Marguerite Ross Barnett Memorial Scholarship Program</strong> – A scholarship program established for Missouri students who are employed at least 20 hours a week while enrolled in 6 to 11 credit hours. The MDHE administers this scholarship program. More information is available at:
http://www.dhe.mo.gov/rossbarnett.shtml.
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