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Homework answers / question archive / 1)Darwinism interpreted as government refraining from interfering in society was reinterpreted to mean that government could reshape society to meet the needs of the individual through reform

1)Darwinism interpreted as government refraining from interfering in society was reinterpreted to mean that government could reshape society to meet the needs of the individual through reform

Economics

1)Darwinism interpreted as government refraining from interfering in society was reinterpreted to mean that government could reshape society to meet the needs of the individual through reform.

True

False

2)

In the context of the market for goods and services, suppose an economy in which there are autonomous taxes and taxes proportional to income and there are no government transfers. Please indicate whether the following statements are true or false.

a) A decrease in autonomous investment generates a decrease in GDP, private savings and government revenue.

b)In the face of an economic slowdown, consumption decreases to a lesser extent than income.

c)Faced with an increase in the marginal propensity to save, the slope of aggregate demand (ZZ) decreases and the ZZ curve shifts downward.

d)A decrease in autonomous taxes (T0) decreases the slope of aggregate demand (curve ZZ).

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