Question : On the basis of consumption function: C=120+0.6Y. Determine saving at the income level of Rs.800.

Option 1: 100

Option 2: 150

Option 3: 250

Option 4: 200

Question : If MPC is four times MPS and consumption at zero level of income is 80 crore. Derive the saving function.

Option 1: S=80+0.8Y

Option 2: S=80-0.8Y

Option 3: S= -80+0.2Y

Option 4: S= -80+0.8Y

Question : On the basis of consumption function: C=180+0.6Y. Determine consumption at the income level of Rs.500.

Option 1: 500

Option 2: 480

Option 3: 300

Option 4: 600

Question : On the basis of consumption function: C=20+0.6Y. Determine consumption at the income level of Rs.600. 

Option 1: 280

Option 2: 300

Option 3: 380

Option 4: 400

Question : If MPC is four times MPS and consumption at zero level of income is 50 crore derive the consumption function.

Option 1: C=50+0.2Y

Option 2: C=50+0.8Y

Option 3: C=50-0.2Y

Option 4: C=50-0.8Y