Economy, asked by vikramsandhu544, 8 months ago

explain saving function with diagram and numerically

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Answered by yogavamsi1999

0

Answer:

I don't know.

about it.

sorry.

Answered by Anonymous

4

Answer:

Savings function refers to the standard equation of savings which defines the relationship between savings and income where savings value can be derived at each level with the use of income value. S= s + Y(1-b) where s=autonomous savings, (1-b)= marginal propensity to save, and Y= income.

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