Question : What is the value of MPC in the following consumption function

C= 200+0.90Y and also determinne consumption at income level of 500.

Option 1: 200, 600

Option 2: 0.10, 650

Option 3: 0.90, 650

Option 4: None of the above.

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 : On the basis of consumption function: C=100+0.8Y. Determine saving at the income level of Rs.800.

Option 1: 80

Option 2: 60

Option 3: 100

Option 4: 120

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 : 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