Question

What's the saving function ?? Define

Answer 1

Heya....

Ques :- What's the saving function ??

Answer __________

• Saving function is just the functional relationship between the savings and the income earned by a person...

• It is just denoted by S ...

• It's formula is :-
---
-C + (1-b)Y = S .... here , -C (bar) is the autonomous consumption but just -ve , ) .....and 1-b is marginal propensity to save and Y is for income...

Thank you

Answer 2

Explanation:

Heya.

Ques:- What's the saving function ??

Answer

• Saving function is just the functional relationship between the savings and the income earned by a person.

.It is just denoted by S.

. It's formula is :

-C+ (1-b)Y=S.... here, -C (bar) is the

autonomous consumption but just -ve,).and 1-b is marginal propensity to save and Y is for income.

Thank you