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Setting up a Keynesian cross model in Excel

Setting up a Keynesian cross model in Excel

In this assignment, students are guided through the process of setting up a standard Keynesian cross model in Microsoft Excel. Excel is used to solve for GDP (and other variables) using the "iteration" option so the model is entered just as it appears in a textbook. Students are then asked to use the spreadsheet to explore the model by answering a series of questions....

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