Some economists estimate the value of human life by analyzing the risks that people are voluntarily willing to take and the compensation they require for those risks.Which of the following is an example of a career that economists would study?
A)Certified Public Accounts at tax time
B)window washers working on high-rise buildings
C)economists
D)professional golfers

Question

Quizplus · Accepted Answer

Economists who estimate the value of human life by analyzing risks and compensation would likely study careers where individuals face significant risks, such as window washers working on high-rise buildings. By analyzing the compensation required for such risky jobs, economists can gain insights into how people value their lives and make trade-offs between risk and reward. The other career choices listed are unlikely to provide as much of a basis for analysis in this context.

Some Economists Estimate the Value of Human Life by Analyzing