00:01
In general terms, income of a person is being equals to the amount that he is being consuming in his life plus the amount that he is being saving in his life.
00:12
The two comprises and makes his income.
00:15
Here in this schedule, we has been given that the initially the income was 0 dollars and if still the consumption is 50 because even if the income is 0, the person is going to consume something or the other.
00:30
So the savings on an aggregate would be minus of 50.
00:34
And when the income being rises to 100 and the consumption is being rises to 115, then automatically savings become 15.
00:43
Now this is because the savings here would be equals to income minus of the consumption here.
00:52
So when the income is 115 and consumption is 100, so we are getting savings as 15 at the same.
00:59
That's why here we have got it as 50.
01:02
Now for the next case, when we have income as 200 and when we have consumption as 180, automatically savings would be 20 dollars.
01:12
In the next case where we have income as 300 and consumption as 245, so we have our savings as 55 dollars...