Surveys published before the referendum have showed only a modest effect on consumer confidence.
And the policy had only a modest effect on the makeup of Princeton's student body.
In the end, Dr. Graham's presentation had only a modest effect on the committee.
It has only a modest effect on life span, but it causes costly chronic illnesses, like diabetes.
He asserted that the business tax incentives of 2001 and 2002 also had only a modest effect on the economy.
While the housing slump has already rattled financial markets, it has so far had only a modest effect on consumer spending and economic growth.
Now, though, analysts fear that a continuing raft of lavish incentives are continuing to cut into profits while having only a modest effect on sales.
Rising gasoline prices appeared to have had only a modest effect on sales of the biggest, most profitable vehicles last month.
Changing the payment location might also trigger credit-default swaps, although that threat may have only a modest effect on Argentina.
Instead, they are close to an agreement on a watered-down package of changes that will have only a modest effect on the chamber's gridlock.
[C8.] Economic Effect Far From Certain The conventional wisdom is that disasters have only a modest effect on the economy because human capital -- the knowledge and skills of the citizenry -- survives.
