Question 1

Which of the following best matches the description?
-Gift to private enterprise by government when the enterprise is in economic difficulty.

Accepted Answer

A) risk 
B) supply/demand curve 
C) subsidy 
D) probability 
E) demand
F)risk assessment
G)risk management
H)sustainable development
I)none of above
J)negligible risk
K)external costs 
A) risk 
B) supply/demand curve 
C) subsidy 
D) probability 
E) demand
F)risk assessment
G)risk management
H)sustainable development
I)none of above
J)negligible risk
K)external costs

Question 2

We assign value to natural resources based on our perception of their ________.

Accepted Answer

A) relative scarcity 
B) relative abundance 
C) cost to extract 
D) profit margin 
A) relative scarcity 
B) relative abundance 
C) cost to extract 
D) profit margin

Question 3

Which one of the statements about the acceptability of risk is correct?

Accepted Answer

A) Risks imposed on a person are less acceptable than those voluntarily accepted. 
B) Risks that are familiar are less acceptable than risks that are unfamiliar. 
C) Risks to children are less acceptable than risks to children. 
D) Risks that are part of nature are less acceptable than those that are not. 
A) Risks imposed on a person are less acceptable than those voluntarily accepted. 
B) Risks that are familiar are less acceptable than risks that are unfamiliar. 
C) Risks to children are less acceptable than risks to children. 
D) Risks that are part of nature are less acceptable than those that are not.

Question 4

A primary environmental cost is pollution.

Accepted Answer

A) True 
 B)False

Question 5

In economics,the price rises when demand exceeds supply.

Accepted Answer

A) True 
 B)False

Question 6

Which one of the following is NOT a significant environmental cause of death worldwide?

Accepted Answer

A) water pollution 
B) air pollution 
C) traffic accidents 
D) genetically modified organisms 
A) water pollution 
B) air pollution 
C) traffic accidents 
D) genetically modified organisms

Question 7

Economic factors should be considered when

Accepted Answer

A) reducing the number of oil spills. 
B) increasing the amount of waste in logging. 
C) making any environmental decisions. 
D) None of these are correct. 
A) reducing the number of oil spills. 
B) increasing the amount of waste in logging. 
C) making any environmental decisions. 
D) None of these are correct.

Question 8

The cost to government to clean up contaminated industrial sites is an example of

Accepted Answer

A) a deferred cost. 
B) an external cost. 
C) both a deferred and an external cost. 
D) neither a deferred nor an external cost. 
A) a deferred cost. 
B) an external cost. 
C) both a deferred and an external cost. 
D) neither a deferred nor an external cost.

Question 9

Which of the following is NOT a pollution cost?

Accepted Answer

A) expenditure to avoid pollution damage once it has occurred 
B) increased health costs 
C) sewage treatment 
D) None of these are correct 
A) expenditure to avoid pollution damage once it has occurred 
B) increased health costs 
C) sewage treatment 
D) None of these are correct

Question 10

Risk assessment consists of two primary considerations:

Accepted Answer

A) time and costs. 
B) issues involved and time. 
C) risk and cost. 
D) risk and time. 
A) time and costs. 
B) issues involved and time. 
C) risk and cost. 
D) risk and time.

Question 11

The assessing the benefit of providing improved sanitation and safe water to the public involves

Accepted Answer

A) placing a value on health care cost to treat diarrheal diseases. 
B) placing a value on the number of workdays lost due to illness. 
C) Placing a value on the time needed to travel to obtain water. 
D) All of the options listed are involved. 
A) placing a value on health care cost to treat diarrheal diseases. 
B) placing a value on the number of workdays lost due to illness. 
C) Placing a value on the time needed to travel to obtain water. 
D) All of the options listed are involved.

Question 12

Probability is the same as possibility.

Accepted Answer

A) True 
 B)False

Question 13

In the United States,performance bonds are used

Accepted Answer

A) to encourage recycling. 
B) to cover the cost of reclaiming and revegetating mined sites. 
C) to reduce pollutants in industrial wastewater. 
D) All of these are correct. 
A) to encourage recycling. 
B) to cover the cost of reclaiming and revegetating mined sites. 
C) to reduce pollutants in industrial wastewater. 
D) All of these are correct.

Question 14

The supply is the amount of goods or service people are willing to sell at a given price.

Accepted Answer

A) True 
 B)False

Question 15

One concern of the cost-benefit analysis is that it places an economic value on everything.

Accepted Answer

A) True 
 B)False

Question 16

Risk is the probability that a condition or action will lead to an injury,damage,or loss.

Accepted Answer

A) True 
 B)False

Question 17

The basic premise behind the "The tragedy of the commons" is

Accepted Answer

A) a resource becomes overexploited when its ownership is shared. 
B) pollution prevention is costs less than pollution clean-up. 
C) when assessing risk,people frequently overestimate unfamiliar risks. 
D) All of these are correct. 
A) a resource becomes overexploited when its ownership is shared. 
B) pollution prevention is costs less than pollution clean-up. 
C) when assessing risk,people frequently overestimate unfamiliar risks. 
D) All of these are correct.

Question 18

In cost-benefit analysis,why is it difficult to consider environmental issues?

Accepted Answer

Environmental issues are difficult to co

Question 19

Economists look at resources as the available supply of something that can be used.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following best matches the description?
-Use of facts to estimate the probability of harm to human health that may result from exposure to pollutants,toxins,or management decisions.

Accepted Answer

A) risk 
B) supply/demand curve 
C) subsidy 
D) probability 
E) demand
F)risk assessment
G)risk management
H)sustainable development
I)none of above
J)negligible risk
K)external costs 
A) risk 
B) supply/demand curve 
C) subsidy 
D) probability 
E) demand
F)risk assessment
G)risk management
H)sustainable development
I)none of above
J)negligible risk
K)external costs

Which of the following best matches the description? -Gift to private enterprise by government when the enterprise is in economic difficulty.

We assign value to natural resources based on our perception of their ________.

Which one of the statements about the acceptability of risk is correct?

A primary environmental cost is pollution.

In economics,the price rises when demand exceeds supply.

Which one of the following is NOT a significant environmental cause of death worldwide?

Economic factors should be considered when

The cost to government to clean up contaminated industrial sites is an example of

Which of the following is NOT a pollution cost?

Risk assessment consists of two primary considerations:

The assessing the benefit of providing improved sanitation and safe water to the public involves

Probability is the same as possibility.

In the United States,performance bonds are used

The supply is the amount of goods or service people are willing to sell at a given price.

One concern of the cost-benefit analysis is that it places an economic value on everything.

Risk is the probability that a condition or action will lead to an injury,damage,or loss.

The basic premise behind the "The tragedy of the commons" is

In cost-benefit analysis,why is it difficult to consider environmental issues?

Economists look at resources as the available supply of something that can be used.

Which of the following best matches the description? -Use of facts to estimate the probability of harm to human health that may result from exposure to pollutants,toxins,or management decisions.

Environmental Interrelationships

Environmental Ethics

Interrelated Scientific Principles

Interactions: Environments and Organisms

Kinds of Ecosystems and Communities

Populations: Characteristics and Issues

Energy and Civilization: Patterns of Consumption

Nonrenewable Energy Sources

Renewable Energy Sources

Biodiversity

Land-Use

Soil

Agricultural Methods

Water

Air Quality Issues

Climate Change: a 21st Century Issue

Solid Waste Management and Disposal

Environmental Regulations: Hazardous Substances and Wastes

Environmental Policy

Filters

Exam 3: Risk,economics,and Environmental Concerns

Which of the following best matches the description? -Gift to private enterprise by government when the enterprise is in economic difficulty.

We assign value to natural resources based on our perception of their ________.

Which one of the statements about the acceptability of risk is correct?

A primary environmental cost is pollution.

In economics,the price rises when demand exceeds supply.

Which one of the following is NOT a significant environmental cause of death worldwide?

Economic factors should be considered when

The cost to government to clean up contaminated industrial sites is an example of

Which of the following is NOT a pollution cost?

Risk assessment consists of two primary considerations:

The assessing the benefit of providing improved sanitation and safe water to the public involves

Probability is the same as possibility.

In the United States,performance bonds are used

The supply is the amount of goods or service people are willing to sell at a given price.

One concern of the cost-benefit analysis is that it places an economic value on everything.

Risk is the probability that a condition or action will lead to an injury,damage,or loss.

The basic premise behind the "The tragedy of the commons" is

In cost-benefit analysis,why is it difficult to consider environmental issues?

Economists look at resources as the available supply of something that can be used.

Which of the following best matches the description? -Use of facts to estimate the probability of harm to human health that may result from exposure to pollutants,toxins,or management decisions.

Environmental Interrelationships

Environmental Ethics

Interrelated Scientific Principles

Interactions: Environments and Organisms

Kinds of Ecosystems and Communities

Populations: Characteristics and Issues

Energy and Civilization: Patterns of Consumption

Nonrenewable Energy Sources

Renewable Energy Sources

Biodiversity

Land-Use

Soil

Agricultural Methods

Water

Air Quality Issues

Climate Change: a 21st Century Issue

Solid Waste Management and Disposal

Environmental Regulations: Hazardous Substances and Wastes

Environmental Policy

Filters