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Question 5. a. Dierentiate between a utilitarianand a Rawlsianwelfare function b. Which one are you more likely to use if your prime goal is to
Question 5.
a. Dierentiate between a utilitarianand a Rawlsianwelfare function
b. Which one are you more likely to use if your prime goal is to eliminate extreme poverty ?
c. Which of the above two types is the GDP function and why ?
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