Home
Class 12
ECONOMICS
Using the consumption function : C = bar...

Using the consumption function : C = `barc` +b(Y), calculate saving at income of ₹ 2,000 crores, if autonomous consumption is ₹ 150 crores and 40% of additional income is consumed.

Text Solution

Verified by Experts

Saving = ₹ 1,050 crores
Promotional Banner

Topper's Solved these Questions

  • AGGREGATE DEMAND AND RELATED CONCEPTS

    SANDEEP GARG|Exercise LONG ANSWER TYPE QUESTIONS|11 Videos

  • FOREIGN EXCHANGE RATE

    SANDEEP GARG|Exercise REVISION EXERCISE|12 Videos

  • BALANCE OF PAYMENTS

    SANDEEP GARG|Exercise LONG ANSWER TYPE QUESTIONS|6 Videos

Similar Questions

Explore conceptually related problems

Using the equation of consumption function: C = barc + b(Y), calculate consumption expenditure at the income level of ₹ 500 crores, if autonomous consumption is ₹ 40 crores and 40% of additional income is saved.

At income level of ₹ 5,000 crores, total saving is ₹ 1,000 crores. Calculate APC.

The consumption function of an economy is given as: C = 40+0.7Y. Calculate the saving at the income level of ₹ 2,200 crores

With the help of saving function: S = -20+ 0.3 (Y), calculate consumption expenditure at the income level of ₹1,000 crores.

Derive a straight line saving curve using the following consumption function : C= 20+0.6Y. Presuming the income levels to be ₹ 100, ₹ 200 and ₹ 300 crores. Also calculate that level of income where consumption is equal to income.

Calculate the income level if consumption is equal to 1000 crores and the consumption funciton is C=750+0.5Y.

If MPS=0.30, Autonomous Consumptions=50crores and Investment=100crores, then Equilibrium Income will

The consumption function for and economy is given as: C = 200 + 0.8Y. (i) Determine the value of MPC and MPS, (ii) Autonomous Consumption, (iii) Derive the corresponding saving function, (iv) Calculate consumption at the income levels of ₹ 3,000 crores and ₹ 5,000 crores. (v) Determine the break-even level of income.

If MPS is 0.3 and the income increases from ₹ 6,000 crores to ₹ 9,000 crores, what will be the additional consumption in the economy ?

If an economy , Saving Function is given by S =(-)50+0.2Y and Y = Rs. 2,000 crores, consumption expenditure for the economy would be Rs. 1,650 crores and the autonomous investment is Rs. 50 crores and the marginal propensity to consume is 0.8 True or False ? Justify your answer with proper calculattions.

SANDEEP GARG-AGGREGATE DEMAND AND RELATED CONCEPTS -UNSOLVED PRACTICALS
  1. If MPS is 0.3 and the income increases from ₹ 6,000 crores to ₹ 9,000 ...

    Text Solution

    |

  2. From the following schedule, compute APC, APS, MPC and MPS:

    Text Solution

    |

  3. Complete the following table:

    Text Solution

    |

  4. Complete the following table :

    Text Solution

    |

  5. Complete the followig table :

    Text Solution

    |

  6. Complete the following table :

    Text Solution

    |

  7. Complete the following table :

    Text Solution

    |

  8. Complete the following table:

    Text Solution

    |

  9. If National income is ₹ 50 crore and Saving ₹ 5 crore, find out averag...

    Text Solution

    |

  10. Using the consumption function : C = barc +b(Y), calculate saving at i...

    Text Solution

    |

  11. The saving function for an economy is given as: S = -120 + 0.4(Y). Det...

    Text Solution

    |

  12. The consumption function for and economy is given as: C = 200 + 0.8Y. ...

    Text Solution

    |

  13. If MPC is four times MPS and consumption at zero level of income is ₹ ...

    Text Solution

    |

  14. The consumption curve makes an intercept of ₹ 60 crores on the Y-axis....

    Text Solution

    |

  15. The break-even point for an economy occurs at the income level of ₹ 50...

    Text Solution

    |

  16. The consumption function of an economy is given as: C = 40+0.7Y. Calcu...

    Text Solution

    |

  17. The saving curve makes an intercept of ₹ 40 crores on the negative Y-a...

    Text Solution

    |

  18. If national income is ₹ 90 crore and Consumption expenditure ₹ 81 cror...

    Text Solution

    |

  19. The saving function is given as: S= -120+0.5Y. Draw a diagram showing ...

    Text Solution

    |

  20. If Consumption Function is given by : C= 30+0.4Y, then determine: (i) ...

    Text Solution

    |