If a consumption function of a hypothetical economy is given as:  C = 100 + 0.6 Y, then  (i) What
Channel: Doubtnut
Date: 03/05/2020

If a consumption function of a hypothetical economy is given as:  C = 100 + 0.6 Y, then  (i) What will be the values of marginal propensity to consume and marginal propensity to save for the economy ?  (ii) Write the corresponding saving function.