Suppose That Policymakers Are Doing Cost-Benefit Analysis on a Proposal

Multiple Choice

Suppose that policymakers are doing cost-benefit analysis on a proposal to add traffic barriers to divide the flow of traffic in an effort to increase safety on a given highway.How can policymakers evaluate the costs and benefits of this proposal

A) The costs cannot be measured in the same units as the benefits.
B) Policymakers need to calculate the flow of the traffic.
C) Quantification of the benefit received from saving a human life is a straightforward process.
D) Policymakers must put a dollar value on human life.