Economics · Macroeconomics
If the consumption function is given by C = 40 + 0.75Y, what is the corresponding saving function S?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1S = -40 + 0.25Y✓
- 2S = 0.75Y - 40
- 3S = 40 - 0.75Y
- 4S = 40 + 0.75Y
Correct answer
S = -40 + 0.25Y
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