The consumption funtion of an economy as, C=100+0.25Y (where C =Consumption expenditure and Y=National Income). Calculate saving if consumption expend

Question

The consumption funtion of an economy as, C=100+0.25Y (where C =Consumption expenditure and Y=National Income). Calculate saving if consumption expend

The consumption funtion of an economy as, C=100+0.25Y (where C =Consumption expenditure and Y=National Income). Calculate saving if consumption expenditure at equilibrium level of national income is 500 crores.

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

Correct Answer - Saving=1,100 crores

4 views Answered 2023-02-05 15:29