I need 350 word initial post and two replies of 75 words each. I have attached the replies, Please send me soon.
Hi Class, here are the Week 2 discussion questions. I look forward to reading the responses, have a great week!
- What has happened to the income share of the richest fifth of the U.S. population over the past 40 years?
- What groups in the U.S. population are most likely to live in poverty?
- When gauging the amount of inequality, why do transitory and life cycle variations in income cause difficulties?
- How would a utilitarian, a liberal, and a libertarian each determine how much income inequality is permissible?
- What are the pros and cons of in-kind (rather than cash) transfers to the poor?
- Describe how antipoverty programs can discourage the poor from working. How might you reduce this disincentive? What are the disadvantages of your proposed policy?