A 25- Year- Old Individual Is Choosing Between Three Occupations

question 89

Multiple Choice

A 25- year- old individual is choosing between three occupations - an entertainer with large earnings when young but those earnings will decline with age; a teacher with constant income over time; and a physician with very low initial earnings but earnings that will continue to rise over time. Other than income the occupations are equally preferable. If the annual earnings of each occupation are added, the total is highest for the career as a physician, second as an entertainer, and lowest as a teacher. Which of the following is true?

• A)It makes economic sense to add the annual earnings of an occupation only if the interest rate is positive.
• B)Being a doctor is preferable for a low enough interest rate.
• C)Being an entertainer is preferable for a low enough interest rate
• D)Being a teacher is preferable for a certain value of the interest rate.

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Definitions:

Positive Symptoms

Features added to a person's normal behavior, including hallucinations and delusions, typically associated with schizophrenia.

Objectively Observed

The act of monitoring or noticing something without the influence of personal feelings, interpretations, or prejudice; based purely on factual evidence.

Sluggish Schizophrenia

A controversial concept in psychiatry, no longer widely recognized, that was characterized by a gradual onset and progression of symptoms.

DSM-5

The fifth version of the Diagnostic and Statistical Manual of Mental Disorders serves as the definitive manual for healthcare professionals to diagnose mental health conditions.