3. If marginal propensity to save is 20% and is constant at all levels

1.	3. If marginal propensity to save is 20% and is constant at all levels of income and the autonomousconsumption is 100 crore, construct consumption function of the given hypothetical economy.[Page 443][CBSE 2019 (58/3/1)]
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3. If marginal propensity to save is 20% and is constant at all levels of income and the autonomousconsumption is 100 crore, construct consumption function of the given hypothetical economy.[Page 443][CBSE 2019 (58/3/1)]

Answer»