Write a short note on the consumption function. Write a short note on the saving function. ‘As an identity, saving is always equal to investment.’ Comment. ‘If any disequilibrium occurs, then the...

Write a short note on the consumption function.

Write a short note on the saving function.

‘As an identity, saving is always equal to investment.’ Comment.

‘If any disequilibrium occurs, then the forces inbuilt in the system would operate in such a manner that equilibrium

is restored.’ Comment by using the aggregate demandaggregate supply approach to the Keynesian theory.