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The consumption function is Express as …

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The consumption function is Express as c=100+0.2y. calculate saving if consumption expenditure at equilibrium level of national income is RS.500 crores.

    • Posted by Deeju Sharma 7 years, 10 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Hero Time 7 years, 10 months ago

    C=100+0.2*500 ........... C=200 .......... Y=c+s ................ S=y-c= 300

    2Thank You

    Ribhav Saini 7 years, 10 months ago

    Savings will be 300... Mps 0.8

    1Thank You

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