Question: Only example 2 example 1 is for reference Example 1: You are a planner in Ping, a poor land, where the poverty lire is set

Only example 2 example 1 is for reference ExampleOnly example 2 example 1 is for reference

Example 1: You are a planner in Ping, a poor land, where the poverty lire is set at 1000 pah a year. It turns out that in Ping there are two equal- sized groups below the poverty line. One group consists of 100 individu als: they have equal earnings of 500 pah a year each. The second group also has 100 people: they earn 900 pah a year each. Of course, there are also people who are above the poverty line. You have been allocated a budget of 20,000 pah a year. You must allocate this budget among the 200 poor people. Example 2: Return to the problem of Example 1. Now imagine that you are told to minimize (as far as possible) the PGR or the IGR. Does the way you now spend your money necessarily contrast with the intuitive reactions you noted in part (i) of Example 1? On -.. atha Example 1: You are a planner in Ping, a poor land, where the poverty lire is set at 1000 pah a year. It turns out that in Ping there are two equal- sized groups below the poverty line. One group consists of 100 individu als: they have equal earnings of 500 pah a year each. The second group also has 100 people: they earn 900 pah a year each. Of course, there are also people who are above the poverty line. You have been allocated a budget of 20,000 pah a year. You must allocate this budget among the 200 poor people. Example 2: Return to the problem of Example 1. Now imagine that you are told to minimize (as far as possible) the PGR or the IGR. Does the way you now spend your money necessarily contrast with the intuitive reactions you noted in part (i) of Example 1? On -.. atha

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