Based on the lost-income approach, which of the following 30 year old males would most likely be worth the most in terms of the value of his life?
A) Devin, a high-school dropout who works as a barista.
B) Antonio, a college graduate who is on permanent disability due to severe diabetes.
C) Timothy, a licensed electrician with two years of college.
D) Jamal, a CPA with a master's degree in accounting.

Question

Quizplus · Accepted Answer

Jamal, a CPA with a master's degree in accounting, would most likely be worth the most in terms of the value of his life based on the lost-income approach. This approach calculates the value of a person's life based on their potential future earnings. Jamal's advanced degree and professional certification suggest he has the highest earning potential among the options provided.

Based on the Lost-Income Approach, Which of the Following 30