18. If MPC is four times MPS and consumption at zero level of income is R 70 crores,derive the consumption function 

19. The consumption curve makes an intercept of 60 crores on they-axis. If MPC:MPS can as 1 :3, then derive the saving and consumption function. Also determine the level ot income, When 
saving becomes zero? 

20. The break-even point for an economy occurs at the income level of 500 crores If marginal propensity to consume is 0.6, determine: (i) Autonomous consumption; (ii) Saving function; (iii) Level Income 
when saving is 600 crores. 

21. The consumption function of an economy is given as: C = 40 + 0.7Y. Calculate the saving at the income 

22. The saving curve makes an intercept of 40 crores on the negative Y-axis. If consumers 
of additjonal income, then determine: (i) Saving Function; (ii) Consumption 

Q19
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Sony, what is MPC and MPS ? I am a science student. please explain.
 
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Solution 19

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If the MPC is four times of MPS and consumption at zero level of income is rupees 70 crore drive the consumption function
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