Question

MPS is four times MPC if autonomous consumption is 60 derive consumption function

Answer 1

18. If MPC is four times MPS and consumption at zero level of income is R 70 crores,derive the consumption function

19. The consumption curve makes an intercept of 60 crores on they-axis. If MPC:MPS can as 1 :3, then derive the saving and consumption function. Also determine the level ot income, When
saving becomes zero?

20. The break-even point for an economy occurs at the income level of 500 crores If marginal propensity to consume is 0.6, determine: (i) Autonomous consumption; (ii) Saving function; (iii) Level Income
when saving is 600 crores.

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

22. The saving curve makes an intercept of 40 crores on the negative Y-axis. If consumers
of additjonal income, then determine: (i) Saving Function; (ii) Consumption
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student-name Sony Singh answered this
Q19
student-name Sai Ghanesh Murugan answered this
Sony, what is MPC and MPS ? I am a science student. please explain.

student-name Ritika Chilana answered this
Please find this answer


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