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If There Is a $6,000 Wage Difference Between Two Occupations

Question 13

Multiple Choice

If there is a $6,000 wage difference between two occupations and a difference in mortality rate of 0.00099 per individual, the value of a statistical life is calculated to be:


A) $5.940 million
B) $6.061 million
C) $6.061 billion
D) $5.940 billion

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