Question

how we can calculate consumption if income is 200 ..? ​

Answer 1

The consumption function for an economy is given as: C = 200 + 0.8Y.

hope it's helpful

Answer 2

Answer:

you should also give the left saving

let consumption be c

Explanation:

savings be s

so =

c+s= 200

c= 200-s

C = the answer