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The saving curve makes an intercept of ₹...

The saving curve makes an intercept of ₹ 40 crores on the negative Y-axis. If consumers spend 60% of additional income, then determine: (i) Saving Function, (ii) Consumption Function, (iii) Break-even level of income.

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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.

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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.