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with a short-term balance of payments problem, similar to a COMPENSATORY FINANCIAL FACILITY. The loan has to be repaid over a three- to five-year period.
<strong>SFA</strong> – Student Financial Aid or Assistance.
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Muth-Mills model (R4)<br />A study of the relationship between the differential costs of commuting in an urban area and the differences in house prices. This model is used to explain the internal structure of cities. Lower house prices in the suburbs are sufficient to justify high commuting costs to the central business district.<br /><em>Reference</em><br />Mills, E.S. (1967) 'An aggregative model of resource allocation in a metropolitan area', American Economic Review 57: 197-210.<br /> Muth, R.E (1969) Cities and Housing, Chicago: Chicago University Press.
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