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:

Onset

The beginning or start of something, often used in a medical context to describe the commencement of a disease or condition.

Hypnosis

A trance-like state of focused attention, reduced peripheral awareness, and an enhanced capacity to respond to suggestion.

"Truth" Serum

A substance believed to induce a state in which a person is more likely to divulge information truthfully.

Gestalt Therapy

A psychotherapeutic method that accentuates individual accountability, focusing on one's concurrent personal experiences, the relationship with their therapist, the impact of their life's social and environmental conditions, and the self-directed changes they undertake in reaction to their overall life scenario.