Question: i. For every dollar given to the poor, they spend 70 cents on food, 25 cents on housing, and save the rest. ii. For every

i. For every dollar given to the poor, they spend
i. For every dollar given to the poor, they spend 70 cents on food, 25 cents on housing, and save the rest. ii. For every dollar given to the middle-class, they spend 40 cents on food, 40 cents on housing, and save the rest. iii. For every dollar given to the rich, they spend 5 cents on food, 15 cents on housing, 30 cents on diamonds, and save the rest. (b) (1 point) Suppose the government has a fixed amount of money to give, and it can only give money to one of the three populations. i. Suppose the government's goal is to increase consumption as much as possible without regard to what is being consumed. Who should the government give the money to, and why? ii. Suppose the government's goal is to stimulate housing consumption as much as possible. Who should the government give the money to, and why

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