To Increase Safety at a Bad Intersection, the Mayor Must

question 425

Multiple Choice

To increase safety at a bad intersection, the mayor must decide whether to install a traffic light at a cost of $45,000. If the traffic light reduces the risk of fatality by 0.4 percent, and the value of a human life is estimated to be $10 million, the mayor should

• A)install the light because the expected benefit of $400,000 is greater than the cost.
• B)install the light because the expected benefit of $45,000 is greater than the cost.
• C)not install the light because the expected benefit of $45,000 is only equal to the cost.
• D)not install the light because the expected benefit of $40,000 is less than the cost.

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Definitions:

Wrongful Termination

An employer's action of firing an employee in violation of legal or contractual requirements.

Protected Classes

Groups of people legally protected from discrimination based on specific characteristics, such as race, gender, age, disability, and religion, under various federal laws.

Dismissal

The act of formally removing someone from their position or employment, often due to performance issues or misconduct.

Discharge

The act of releasing someone from their job; termination of employment.