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Calculate MPS and Multiplier (k) from th...

Calculate MPS and Multiplier (k) from the following data :
`{:("Income"(Rs.),100,200),("Saving"(Rs.),40,100):}`

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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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