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Which Is an Excel® Add-In for Simulation

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Which is an Excel® add-in for simulation?


Definitions:

Aggregate Expenditure

The aggregate expenditure in an economy, which accounts for consumer spending, business investments, government spending, and the difference between exports and imports.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount loaned, charged by lenders to borrowers over a specific time period.

Quantity of Money

The accumulated total of monetary resources in an economy at a certain point in time.

Price Level

An index that measures the average of current prices across a wide range of goods and services compared to a base year.

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