Derive a straight line saving curve using the following consumption function : C= 20+0.6Y. Presuming
Channel: Doubtnut
Date: 2020-05-03

Derive a straight line saving curve using the following consumption function : C= 20+0.6Y. Presuming the income levels to be ₹ 100, ₹ 200 and ₹ 300 crores. Also calculate that level of income where consumption is equal to income.