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5) (14 points) The federal government has $1 billion to spend and is trying to use the money to avoid as many deaths as possible.
5) (14 points) The federal government has $1 billion to spend and is trying to use the money to avoid as many deaths as possible. It has to decide between spending all the money on a campaign to increase flu vaccines or on a campaign to decrease smoking. Explain how the government would make this decision if it knew the number of deaths avoided by spending the $1 billion on flu vaccines and the number of deaths avoided by spending the $1 billion on the anti-smoking campaign. If the goal is to avoid as many deaths as possible, does it matter how much the government is currently spending on flu vaccines and smoking prevention (prior to allocating the $1 billion)
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