Home
Class 12
ECONOMICS
If MPC is one-third of MPS and consumpti...

If MPC is one-third of MPS and consumption at zero level of national income is ₹ 40 crores, derive the consumption and saving function.

Promotional Banner

Similar Questions

Explore conceptually related problems

If MPC is four times MPS and consumption at zero level of income is ₹ 70 crores, derive the consumption function .

If consumption at zero level o income is 40 crores an investment multiplier is 4 then determine the relevant consumption function.

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.

Calculate the consumption level, If income=100 crore and the consumption function is C=80+0.5Y.

Fromt the following data about an economy, calculate, (a) Equilibrium level of national income, and (b) Total consumption expenditure at equilibrium level of income national income. (i) C=200+0.5Y is the consumption funciton where C is consumption expenditure and Y is national income. (ii) Investment expenditure is 1500

The saving curve of an economy makes a negative intercept of ₹ 50 crores and 20 % of additional income is saved. Derive the saving and consumption function.