Which of the Following Is an Approach Used by Economists

question 59

Multiple Choice

Which of the following is an approach used by economists to calculate the value of a human life?

• A)comparing the salaries of people who live in cities with more traffic lights to those who live in cities with fewer traffic lights
• B)comparing the wages of more risky occupations to less risky occupations
• C)comparing the costs of vehicles with safety features such as side-impact airbags to those without such safety features
• D)All of the above are correct.

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Definitions:

Acid-Base Imbalance

A condition in which there is an abnormal level of acidity or alkalinity in the body, disrupting normal physiological processes.

Morphine Tablets

A form of opioid medication used for the relief of moderate to severe pain, available in tablet form.

Respiratory Acidosis

A medical condition characterized by an excess of carbon dioxide in the bloodstream, leading to lowered blood pH.

Hypokalemia

A medical condition characterized by low levels of potassium in the bloodstream, which can affect heart and muscle function.