True or False: The potential benefit of saving a life is estimated to be $2,480,000.

True or False: The potential benefit of saving a life is estimated to be $2,480,000.

• A. True
• B. False

Answer: (A)

The statement that the potential benefit of saving a life is estimated to be $2,480,000 is indeed true. This figure is often used in public policy and health economics to quantify the economic value of human life in the context of preventing fatal incidents, such as those related to driving while intoxicated (DWI). This valuation encompasses various factors, including medical costs, lost productivity, and the emotional and social impacts of losing a life. By putting a monetary value on life-saving measures, such assessments help policymakers and organizations understand the importance of initiatives aimed at reducing DWI incidents. Programs that aim to save lives, such as awareness campaigns or stricter enforcement of DWI laws, can then be justified economically based on the potential to save lives and the associated value placed on them. Consequently, the answer reflects the broader understanding of the implications and potential benefits of DWI prevention efforts, emphasizing the economic and social importance of saving lives on the road.

The statement that the potential benefit of saving a life is estimated to be $2,480,000 is indeed true. This figure is often used in public policy and health economics to quantify the economic value of human life in the context of preventing fatal incidents, such as those related to driving while intoxicated (DWI).

This valuation encompasses various factors, including medical costs, lost productivity, and the emotional and social impacts of losing a life. By putting a monetary value on life-saving measures, such assessments help policymakers and organizations understand the importance of initiatives aimed at reducing DWI incidents. Programs that aim to save lives, such as awareness campaigns or stricter enforcement of DWI laws, can then be justified economically based on the potential to save lives and the associated value placed on them.

Consequently, the answer reflects the broader understanding of the implications and potential benefits of DWI prevention efforts, emphasizing the economic and social importance of saving lives on the road.