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The saving at different levels of income...

The saving at different levels of income are given in the following schedule:
`{:("Income"(Rs."crores"),0,200,400,600,800,1000),("Saving"(Rs."crores"),-120,-60,0,60,120,180):}`
On the basis of the given schedule, answer the following question:
("i) Calculate MPC at diffferent levels of income.
(ii) If investment is Rs. 120 crores, determine the equilibrium level of income.
(iii) Derive the Consumption and Saving function .
(iv) What is the break- even level of Income.

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Suppose investment in the economy is fixed at Rs.40 crores. The consumption expenditure, at different levels of income , is given in the following schedule: {:("Income"(Rs."crores"),200,300,400,500,600,700),("Consumption"(Rs."crose"),220,300,380,460,540,620):} On the basis of the given schedule, answer the following questions: (i) Calculate AD and AS all level of income. (ii) At what level of income will the economy be at equilibrium? (iii)State the level if income where total saving is negative. (iv) Are saving and investment equal at the equilibrium level of income? (v) Calculate MPC and MPS ,when the incme increases from Rs. 400 crores to Rs. 500 crores. (vi) What will be the income level of Rs. 300 crores?

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