Consider two communities. In one community, 10 families have incomes of $100 each and 10 families have
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Consider two communities. In one community, 10 families have incomes of $100 each and 10 families have incomes of $20 each. In the other community, 10 families have incomes of
$200 each and 10 families have incomes of $22 each.
a In which community is the distribution of income more inequitable? In which community is the problem of poverty likely to be worse?
b Which distribution of income would Rawls prefer? Explain.
c Which distribution of income do you prefer? Explain.
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Related Book For
Principles Of Microeconomics [Australia And New Zealand Edition]
ISBN: 9781337408066
6th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw
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