Economists Think That the Best Way to Determine the Value

question 243

Multiple Choice

Economists think that the best way to determine the value of a human life is to

• A)evaluate the value of a person's expected earnings in the labor market.
• B)evaluate the risks people are willing to take and what they would have to be paid to take them.
• C)determine a person's accumulated wealth at the time of death.
• D)do nothing; human life is priceless.

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Definitions:

Optimism

A tendency to maintain a positive outlook and expect the most favorable outcome in situations.

Stressors

Various physical or psychological factors that cause stress to an individual, potentially impacting health and wellbeing.

Positive Outlook

An optimistic attitude that emphasizes expecting good and favorable outcomes.

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions.