Economy, asked by janhaviawadhiya, 8 months ago

21. The consumption function of an economy is given as: C = 40 + 0.7Y.Calculate the saving at the income
level of 2,200 crores.

Answers

Answered by aishwarya1787
0

Answer:

Savings= Income- consumption= 2,200- 1680= Rs. 520 crores.

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