In a Cost-Benefit Analysis, the Value of a Human Life

question 381

Multiple Choice

In a cost-benefit analysis, the value of a human life is sometimes calculated on the basis of

• A)the risks that a person voluntarily exposes herself to in her job and/or recreational choices.
• B)the value of each individual's assets.
• C)the belief that human life is priceless.
• D)the amount of resources required to adequately sustain life.

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Definitions:

Long Life

Living for an extended period, often beyond the average lifespan for a species or demographic group.

Life Expectancy

The average period that a person may expect to live.

Mortality Rate

A measure of the frequency of occurrence of death in a defined population during a specified interval.

Cohort Death Rate

is a measure of mortality rates within a defined cohort of individuals over a specific period of time, illustrating the rate at which members of the cohort die.