Question 1

Which pollution control approach does the least to internalize external costs?

Accepted Answer

A)  regulation 
B)  tradable pollution rights 
C)  subsidies for beneficial actions 
D)  user fees 
A)  regulation 
B)  tradable pollution rights 
C)  subsidies for beneficial actions 
D)  user fees C

Question 2

The government of the Netherlands has set goals for improving the disposal of toxic chemicals and waste,as well as goals for climate change and acid deposition.

Accepted Answer

A) True 
 B)False  True

Question 3

What is giving tax dollars to businesses that install pollution control equipment called?

Accepted Answer

A)  tradable pollution rights 
B)  subsidies for beneficial actions 
C)  regulation 
D)  user fees 
A)  tradable pollution rights 
B)  subsidies for beneficial actions 
C)  regulation 
D)  user fees B

Question 4

In order to implement _________________________,governments should reduce income or payroll taxes and enforce a safety net for poor and middle-class citizens.

Accepted Answer

The answer of In order to implement _________________________,governments should reduce...

Question 5

What does the GDP represent?

Accepted Answer

A)  social welfare 
B)  the quality of the environment 
C)  the quality of life 
D)  economic output 
A)  social welfare 
B)  the quality of the environment 
C)  the quality of life 
D)  economic output

Question 6

An advantage of taxing wages and profits less,and taxing pollution and waste more,would be the improvement of environmental quality through full-cost pricing.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is a characteristic of full-cost pricing?

Accepted Answer

A)  It requires simple pricing. 
B)  It requires government action. 
C)  It would make the market price higher than the true cost of a product or service. 
D)  It reduces the final cost of goods. 
A)  It requires simple pricing. 
B)  It requires government action. 
C)  It would make the market price higher than the true cost of a product or service. 
D)  It reduces the final cost of goods.

Question 8

Which of the following is a component of a pure market system?

Accepted Answer

A)  limited choice 
B)  the flow of economic goods and money between households and businesses 
C)  limited competition 
D)  an obligation to provide jobs and safe workplaces 
A)  limited choice 
B)  the flow of economic goods and money between households and businesses 
C)  limited competition 
D)  an obligation to provide jobs and safe workplaces

Question 9

What best describes a wooden toy factory?

Accepted Answer

A)  It is a form of natural capital. 
B)  It is a natural resource. 
C)  It is a physical resource. 
D)  It is a form of human capital. 
A)  It is a form of natural capital. 
B)  It is a natural resource. 
C)  It is a physical resource. 
D)  It is a form of human capital.

Question 10

Adding external costs to the cost of goods and services would counter the amount people now pay for poor health,high-priced insurance,and pollution controls.

Accepted Answer

A) True 
 B)False

Question 11

What does cost-benefit analysis do?

Accepted Answer

A)  It compares the environment damaged compared to environment advantages. 
B)  It analyzes data to determine the most economically efficient course of action. 
C)  It objectively assesses the real costs of doing business. 
D)  It provides bottom-line numbers. 
A)  It compares the environment damaged compared to environment advantages. 
B)  It analyzes data to determine the most economically efficient course of action. 
C)  It objectively assesses the real costs of doing business. 
D)  It provides bottom-line numbers.

Question 12

Why do economists plot a curve of pollution cleanup costs against a curve of estimated social costs of pollution?

Accepted Answer

A)  to find the internal costs of pollution 
B)  to find the minimum level of pollution 
C)  to find the optimal level of pollution 
D)  to find the maximum level of pollution 
A)  to find the internal costs of pollution 
B)  to find the minimum level of pollution 
C)  to find the optimal level of pollution 
D)  to find the maximum level of pollution

Question 13

What has happened to the gap between the rich and the poor since 1960?

Accepted Answer

A)  it has disappeared 
B)  it has decreased 
C)  it has stayed the same 
D)  it has increased 
A)  it has disappeared 
B)  it has decreased 
C)  it has stayed the same 
D)  it has increased

Question 14

Germany's policies favour research and development in hydrogen fuel and advances in recycling technologies.

Accepted Answer

A) True 
 B)False

Question 15

What description fits with the trickle-down theory?

Accepted Answer

A)  Water percolates through loam soils. 
B)  Toxic wastes filter down in landfills. 
C)  Economic growth increases the number of jobs and helps the poor help themselves. 
D)  Waterfalls flow during the fall season. 
A)  Water percolates through loam soils. 
B)  Toxic wastes filter down in landfills. 
C)  Economic growth increases the number of jobs and helps the poor help themselves. 
D)  Waterfalls flow during the fall season.

Question 16

Why is government intervention into economic systems needed?

Accepted Answer

A)  to ensure economic growth 
B)  to improve market success 
C)  to promote new economic ventures 
D)  to promote economic stability 
A)  to ensure economic growth 
B)  to improve market success 
C)  to promote new economic ventures 
D)  to promote economic stability

Question 17

The goods and services produced by the Earth's natural processes and which support all life are called ______________________________.

Accepted Answer

natural ca

Question 18

Which pollution control strategy has the highest administrative costs?

Accepted Answer

A)  user fees 
B)  regulation 
C)  tradable pollution rights 
D)  subsidies for beneficial actions 
A)  user fees 
B)  regulation 
C)  tradable pollution rights 
D)  subsidies for beneficial actions

Question 19

Which of the following is an internal cost of driving a domestic car?

Accepted Answer

A)  cost of manufacture 
B)  highway accidents 
C)  pollution 
D)  destruction of land 
A)  cost of manufacture 
B)  highway accidents 
C)  pollution 
D)  destruction of land

Question 20

The Netherlands' Green Plan includes integrated life cycle management and public awareness programs.

Accepted Answer

A) True 
 B)False

Exam 26: Economics, environment, and Sustainability

Which pollution control approach does the least to internalize external costs?

The government of the Netherlands has set goals for improving the disposal of toxic chemicals and waste,as well as goals for climate change and acid deposition.

What is giving tax dollars to businesses that install pollution control equipment called?

In order to implement _________________________,governments should reduce income or payroll taxes and enforce a safety net for poor and middle-class citizens.

What does the GDP represent?

An advantage of taxing wages and profits less,and taxing pollution and waste more,would be the improvement of environmental quality through full-cost pricing.

Which of the following is a characteristic of full-cost pricing?

Which of the following is a component of a pure market system?

What best describes a wooden toy factory?

Adding external costs to the cost of goods and services would counter the amount people now pay for poor health,high-priced insurance,and pollution controls.

What does cost-benefit analysis do?

Why do economists plot a curve of pollution cleanup costs against a curve of estimated social costs of pollution?

What has happened to the gap between the rich and the poor since 1960?

Germany's policies favour research and development in hydrogen fuel and advances in recycling technologies.

What description fits with the trickle-down theory?

Why is government intervention into economic systems needed?

The goods and services produced by the Earth's natural processes and which support all life are called ______________________________.

Which pollution control strategy has the highest administrative costs?

Which of the following is an internal cost of driving a domestic car?

The Netherlands' Green Plan includes integrated life cycle management and public awareness programs.

Environmental Problems: an Introduction and Overview

Environmental History: Learning From the Past

Science, systems, matter, and Energy

Ecosystems: What Are They, and How Do They Work

Evolution and Biodiversity

Climate and Terrestrial Biodiversity

Aquatic Biodiversity

Community Ecology

Population Ecology

Applying Population Ecology: the Human Population

Sustaining Terrestrial Biodiversity: Managing and Protecting Ecosystems

Sustaining Biodiversity: the Species Approach

Sustaining Aquatic Biodiversity

Food and Soil Resources

Water Resources

Geology and Nonrenewable Mineral Resources

Nonrenewable Energy Resources

Energy Efficiency and Renewable Energy

Risk,toxicology,and Human Health

Air Pollution

Climate Change and Ozone Loss

Water Pollution

Pest Management

Solid and Hazardous Waste

Sustainable Cities

Politics, environment, and Sustainability

Environmental World-views, ethics, and Sustainability

Filters