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Penn effect. In DICTIOUS you will not only get to know all the dictionary meanings for the word
Penn effect, but we will also tell you about its etymology, its characteristics and you will know how to say
Penn effect in singular and plural. Everything you need to know about the word
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English
Etymology
Named after the University of Pennsylvania.
Noun
Penn effect (plural Penn effects)
- (economics) The finding that commodity prices are higher in countries with higher income.
Further reading