About one million people (in US) attempt suicide a year and cost the nation $500 billion. How is this cost calculated and why is this figure so high ($500,000) for each attempt?

Question

About one million people (in US) attempt suicide a year and cost the nation $500 billion. How is this cost calculated and why is this figure so high ($500,000) for each attempt?

In: 221

Answer 1

Here’s the trick about “calculating the costs” of things that don’t have explicit costs. You can say whatever you want, it sounds authoratative 32