Wednesday

April 23, 2014

April 23, 2014

Posted by **Samantha** on Friday, October 19, 2012 at 7:56pm.

S(x) = x - C(x) (Income minus consumption)

The quantity dS/dx below is called the marginal propensity to save.

For the following consumption function, find the marginal propensity to save.

C(x) = 0.701x + 99.34

$ billion per billion dollars

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