Consider the scenario of three people (Neo, Trinity, and Tank) with different income levels in four different societies (A,B,C,D).
Society Neo Trinity Tank Average Income A $100 $100 $100 $100 B $150 $100 $50 $100 C $600 $600 $99 $433 D $1096 $102 $101 $433
Answer the following questions (don't forget to explain your answers):
(1) According to Rawls' Maximim Principle, what society is more just A or B?
(2) According to Rawl's Maximim Principles, what society is more just A or C?
(3) According to Rawl's Maximim Principle, what society is more just C or D?
(4) According to Rawl's Maximim Principle, what society is more just A or D?
(5) Explain why economists argue that the maximin principle is inadequate for evaluating policy.