The saving function is
A)cY.
B)Y - T.
C)(1 - C)(Y -T).
D)-a + (1 - c)(Y -

Name: The saving function is A)cY. B)Y - T. C)(1 - C)(Y -T). D)-a + (1 - c)(Y -
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Question

Quizplus · Accepted Answer

The saving function is derived from the consumption function. It is typically expressed as S = -a + (1 - c)(Y - T), where 'a' is autonomous consumption, 'c' is the marginal propensity to consume, 'Y' is income, and 'T' is taxes.

The Saving Function Is