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<strong>Monetary adjustments</strong> – Term used within MODEL Direct for change transactions impacting a disbursement such as increasing or decreasing the certified loan amount, reducing or canceling a disbursement, etc.
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<strong>MDHE e-distribution list</strong> – The Missouri Department of Higher Education' s electronic news service. To sign up for this service, visit
http://www.dhe.mo.gov/mdhedigest/signup.shtml.
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multiplier-accelerator model (E3)<br />An economic model attempting to explain business cycles: the MULTIPLIER makes income respond to investment and the ACCELERATOR ensures that changes in income will generate net investment. Given certain values in the basic equations, fluctuations will be generated, but it is usual for there to be ceilings and floors to economic activity to cause turning points in the aggregate activity of a national economy.<br /><em>Reference</em><br />Goodwin, R.M. (1948) 'Secular and cyclical aspects of the multiplier and the accelerator', in Income, Employment and Public Policy: Essays in Honor of Alvin H. Hansen, New York: Norton.<br /> Hicks, JR. (1950) A Contribution to the Theory of the Trade Cycle, Oxford: Oxford University Press.<br /> Samuelson, P.A. (1939) 'Interactions between the multiplier analysis and the principle of acceleration', Review of Economic Statistics 21: 75-8.
<strong>Recall (of a claim)</strong> – A lender request to a guarantor to return a default claim that has already been filed but has not yet been paid because the claim no longer qualifies for default.
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