When using the present value of lost earnings as your measure of the cost associated with a person's lost life, you will find that people
A. who do more socially useful work are valued the most.
B. with the most friends are valued the most.
C. who work the hardest are valued the most.
D. whose earnings are the highest are valued the most.
Answer: D
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What is the difference between labor-saving technology and labor-complementary technology?
What will be an ideal response?
Which of the following is not a factor which would be relevant to country risk analysis?
A) political uncertainty B) external debt C) economic growth D) none of the above.
In New York, a welfare recipient can earn $90 per month without having her benefits reduced. Beyond $90, benefits are reduced by 57 cents for every dollar of earnings. Consider Jackie, a resident of New York, who can earn $10 per hour. If she does not work at all, she is eligible for welfare benefits of $577.
What will be an ideal response?
A competitive market will typically experience entry and exit until accounting profits are zero
a. True b. False Indicate whether the statement is true or false