Exam 10: The Economics of Biodiversity
Exam 1: The Natural Environment and the Human Economy: the Neoclassical Perspective25 Questions
Exam 2: The Natural Environment and the Human Economy: an Ecological Perspective25 Questions
Exam 3: Ecological and Technological Determinants of the Trade-Off Between Economic Activity and Environmental Quality25 Questions
Exam 4: The Economic Theory of Pollution Control25 Questions
Exam 5: The Economics of Environmental Regulation I: Emission Standards and Effluent Charge25 Questions
Exam 6: The Economics of Environmental Regulation Ii: Transferable Emission Credits, and the Macroeconomic Effects of Environmental Regulation25 Questions
Exam 7: Alternative Methods of Valuation of Environmental Goods and Services25 Questions
Exam 8: Frameworks for Assessing the Worthiness of Environmental Projects25 Questions
Exam 9: The Economics of Climate Change25 Questions
Exam 10: The Economics of Biodiversity25 Questions
Exam 11: Biophysical Limits to Economic Growth: the Malthusianneo-Malthusianecological Economics Perspectives25 Questions
Exam 12: Biophysical Limits to Economic Growth: the Neoclassical Perspective25 Questions
Exam 13: The Economics of Sustainability25 Questions
Exam 14: Green Accounting and Alternative Indicators of Sustainability25 Questions
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Commoner's view of modern technology implies which of the following?
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(Multiple Choice)
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Correct Answer:
A
Figure A
-Refer to Figure A. Assume a society initially is at a level below Q*/L*. Which of the following is correct concerning the evolution of this society?
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(Multiple Choice)
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Correct Answer:
B
In what way was classical economist John Stuart Mill's population and human material progress perspective different from Malthus' perspective?
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(Multiple Choice)
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A
Malthus believed that coal would ultimately determine the future economic prosperity or decline of a nation.
(True/False)
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Arguments based on the laws of thermodynamics and ecological principles for the existence of biophysical limits forms the basis of the ecological economics
school of thought.
(True/False)
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Neo-Malthusians are very critical of economic growth at any cost.
(True/False)
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The British economist Thomas Malthus predicted which of the following?
(Multiple Choice)
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Ricardo concluded that growth would be hampered in the long run by explosive growth of human population.
(True/False)
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Paul Ehrlich, like Malthus, asserts that human population-growth is the main reason for continued resource depletion and environmental degradation.
(True/False)
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The growth rate of world population peaked in ___ at an annual rate of ___ percent.
(Multiple Choice)
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The environmental impact equation by Commoner defines environmental impacts as a function of which variables?
(Multiple Choice)
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Neo-Malthusians policy implications for protecting the environment
necessarily favor the inclusion of private markets for the allocation of resources.
(True/False)
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If the quality of land overtime declines, then there will be a steady decrease in
land rent.
(True/False)
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Using the simple mathematical model, I = P x F, one can interpret F as the ecological footprint of the average person.
(True/False)
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The ecological economics perspective is almost identical to that of the neo-
Malthusians: natural resources are understood to be a limiting factor to economic growth in the long-run.
(True/False)
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Assume that you are endowed with a large piece of good farm land. You decide to have 10 children to work on the land. Your crop yield is very good. As such, you decide to have 10 more children in the belief that you will double your crop yield. Which of the following statements best describes what may happen with 10 more children?
(Multiple Choice)
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