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Intro to consumption and savings functions with the 45-degree line
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Intro to consumption and savings functions with the 45-degree line
14:01
About this lesson
Consumption & Savings Function
- Factors of Consumption and Savings
- Disposable Income
- 45 Degree Line
- Consumption & Savings Functions
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Video 1 of 3
Intro to consumption and savings functions with the 45-degree line
14 min
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Understanding MPC, MPS, and the property that MPC + MPS = 1
7 min
Applying marginal propensities as slopes of consumption and saving functions
6 min