ECN328 – Public Sector Economics – Lecture 7
 /  ECN328 – Public Sector Economics – Lecture 7

ECN328 – Public Sector Economics – Lecture 7


Dr. Dania Evelyn

THE SAVING FUNCTION:
Saving is defined as the difference between disposable income and Consumption: S= Y – C, where S is saving, Y is income and C is consumption. Thus the level of saving depends on the level of income


Lecture Note
ECN328 - Public Sector Economics - Lecture 7
DR. (MRS) DANIA EVELYN NDIDI
Economics
Management And Social Sciences
Word, 330.1 KB


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