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Furcuon. (C = 70 +0.80Y 19. The consumpt...

Furcuon. (C = 70 +0.80Y 19. The consumption curve makes an intercept of 60 crores on the Y-axis. If MPC:MPS can be expre as 1:3, then derive the saving and consumption function. Also determine the level of income when saving becomes zero? Saving Function: S = -60 +0.75 (Y): Consumption Function: C = 60+ 0.25M Saving will become zero at income of 80 crores T

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