Question : On the basis of consumption function: C=100+0.8Y. Determine saving at the income level of Rs.800.
Option 1: 80
Option 2: 60
Option 3: 100
Option 4: 120
Correct Answer: 60
Solution :
Question : On the basis of consumption function: C=120+0.6Y. Determine saving at the income level of Rs.800.
Question : If MPC is four times MPS and consumption at zero level of income is 80 crore. Derive the saving function.
Question : On the basis of consumption function: C=20+0.6Y. Determine consumption at the income level of Rs.600.
Question : On the basis of consumption function: C=180+0.6Y. Determine consumption at the income level of Rs.500.
Question : If MPC is four times MPS and consumption at zero level of income is 50 crore derive the consumption function.
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