Question

1.Slope of saving function is equal to------​

Answer 1

Answer:

The slope of a saving line is given by the equation S = -a + (1-b)Y, where -a refers to autonomous savings and (1-b) refers to marginal propensity to save (here b refers to marginal propensity to consume but as MPC + MPS = 1, so (1-b) refers to MPS

Explanation:

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Answer 2

Answer:

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Explanation:

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