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Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §2.2 Powers and Polynomials, #44 · Calculus · Derivatives

From an income … we save

This problem is about calculus in economics.

From an income $I$ we save $S (I)$ . The _marginal_ propensity to save is ______. Elasticity is not needed because $S$ and $I$ have the same ______. Applied to the whole economy this is (microeconomics) (macroeconomics).

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Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §2.2 Powers and Polynomials, #44

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