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What is saving function

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What is saving function

Posted by Sailee Behera 2 years ago

CBSE > Class 12 > Economics

2 answers

Preeti Dabral 2 years ago

Saving function refers to the functional relationship between saving (S) and income (Y), S= f(Y). Savings function as derived from the Consumption function is S=Y-C. Savings increases as Y(income) increases implying that S is positively related to Y.

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Saini.Satwinder Saini Satwinder 2 years ago

The relationship between s and y is called saving functions. There is always minimum no of consumption where y( income) is starter frm 0 at that time when y is 0 we can consune the saving money

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