Economy, asked by deepanshisagar02, 8 months ago

the consumption function of an economy is given as c=40+0.7y.calculate the saving at the income level of rupees 2200 crores.

Answers

Answered by ruchirawat2602

4

Explanation:

GIVEN:

c=40+0.7y

∆y=2200crores

C=40+0.7(2200)

C= 40+1540

C=1580

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