The autonomous savings level is -300, if the income increases to 500, the level of consumption will be 700. How much is the increase of consumption if the income is increasing by 1? Please, use a decimal point and 1 decimal. How much are the savings if the income is 1000? How much is the consumption if the income is 1200?

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Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.