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I need 350 word initial post and two replies of 75 words each. I have attached the replies, Please send me soon.Hi Class,here are the Week 2 discussion questions. I look forward to reading the responses, have a great week! What has happened to the income share of the richest fifth of the U.S. population over the past 40 years? What groups in the U.S. population are most likely to live in poverty? When gauging the amount of inequality, why do transitory and life cycle variations in income cause difficulties? How would a utilitarian, a liberal, and a libertarian each determine how much income inequality is permissible? What are the pros and cons of in-kind (rather than cash) transfers to the poor? Describe how antipoverty programs can discourage the poor from working. How might you reduce this disincentive? What are the disadvantages of your proposed policy?