Suppose You Are Asked to Use the Standard Time Trade-Off

question 9

Multiple Choice

Suppose you are asked to use the standard time trade-off approach to measuring quality of life and are given the following information.An individual is faced with living the remaining 10 years of her life suffering from severe osteoporosis.She reveals that she would be willing to give up four of those years to live the remaining six in perfect health.What is the utility of one year in the chronic health state relative to perfect health?

• A)4
• B)6
• C)0.4
• D)0.6
• E)There is not enough information to determine the utility of life in this case

---

Definitions:

Self-Disclosure

The process by which individuals communicate personal, private information about themselves to others.

Regularly

Happening at predictable intervals or on a routine basis.

Self-Discipline

The capacity to manage one's emotions and conquer personal shortcomings; the power to follow through with one's beliefs in the face of temptations to give up.

School Performance

The academic achievement or level of educational attainment of an individual or group in a learning institution.