Question 1

Figure 23-5 shows that economic systems take natural capital and produce the following outputs, all of which are negative, except

Accepted Answer

A) Depletion of nonrenewable resources 
B) Heat 
C) Pollution and waste 
D) Degradation of renewable resources 
E) Goods and services 
A) Depletion of nonrenewable resources 
B) Heat 
C) Pollution and waste 
D) Degradation of renewable resources 
E) Goods and services

Question 2

_______________ economists view the earth's natural capital as a subset or part of a human economic system.

Accepted Answer

The answer of _______________ economists view the earth's natural capital...

Question 3

Developed countries, in the year 2000, pledged to devote 0.7% of their national income toward reducing hunger and poverty, and moving toward environmental sustainability.What is the average actual amount donated by these countries?

Accepted Answer

A) 2.0% 
B) 1.5% 
C) 0.75% 
D) 0.50% 
E) 0.25% 
A) 2.0% 
B) 1.5% 
C) 0.75% 
D) 0.50% 
E) 0.25%

Question 4

Most environmental and ecological economists want an environmentally honest market system.

Accepted Answer

A) True 
 B)False

Question 5

A team of ecologists and economists estimated the yearly ecological services provided by the earth's forests amount to

Accepted Answer

A) $259 billion 
B) $551 billion 
C) $856 billion 
D) $1.3 trillion 
E) $4.7 trillion 
A) $259 billion 
B) $551 billion 
C) $856 billion 
D) $1.3 trillion 
E) $4.7 trillion

Question 6

Which of the following is a nonuse value?

Accepted Answer

A) existence value 
B) monetary cost 
C) mitigation cost 
D) willingness-to-pay value 
E) utilitarian value 
A) existence value 
B) monetary cost 
C) mitigation cost 
D) willingness-to-pay value 
E) utilitarian value

Question 7

A free-market system operating without government interference requires that sellers

Accepted Answer

A) not coerce or mislead sellers or competitors 
B) provide all the goods and services possible 
C) not include all their indirect costs in the prices 
D) increase profits by pushing others out of business 
E) use all resources to their fullest 
A) not coerce or mislead sellers or competitors 
B) provide all the goods and services possible 
C) not include all their indirect costs in the prices 
D) increase profits by pushing others out of business 
E) use all resources to their fullest

Question 8

Which of the following is a strategy recommended by environmental economists to help make the transition away from unsustainable economic growth?

Accepted Answer

A) Substitute ethanol or natural gas for oil 
B) Fine tune existing economic systems and tools 
C) Continue economic growth for the jobs 
D) Provide businesses with profits even though unsustainable 
E) Because economic growth is unlimited continue use of natural resources 
A) Substitute ethanol or natural gas for oil 
B) Fine tune existing economic systems and tools 
C) Continue economic growth for the jobs 
D) Provide businesses with profits even though unsustainable 
E) Because economic growth is unlimited continue use of natural resources

Question 9

A monetary value placed on a forest, species, or part of nature because of its beauty is called a(n) ____________________.

Accepted Answer

The answer of A monetary value placed on a forest,...

Question 10

In a truly free-market economic system, all economic decisions are governed solely by the competitive interaction of ____________________, ____________________, and ____________________.

Accepted Answer

demand; su

Question 11

As more high-throughput economies develop, resource consumption will ____________________ the capacity of the environment to provide sufficient renewable resources.

Accepted Answer

The answer of As more high-throughput economies develop, resource consumption...

Question 12

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...

Question 13

The willingness of people to pay to maintain natural resources and services is called an existence value.

Accepted Answer

A) True 
 B)False

Question 14

The market price you pay for something does not include most of the costs related to harm to the environment and human health associated with the production of the product.

Accepted Answer

A) True 
 B)False

Question 15

We can live more sustainably by using and wasting less matter and energy; reusing, recycling, or composting most matter resources; and controlling ____________________.

Accepted Answer

human popu

Question 16

Which of the following is an example of a service-flow economy?

Accepted Answer

A) purchasing an automobile and paying internal costs for environmental impacts 
B) including life-cycle costs in the price of a product 
C) providing document services instead of selling photocopiers 
D) selling carpet made from 100% recycled fibers 
E) using ecotourism to promote and sustain local indigenous communities 
A) purchasing an automobile and paying internal costs for environmental impacts 
B) including life-cycle costs in the price of a product 
C) providing document services instead of selling photocopiers 
D) selling carpet made from 100% recycled fibers 
E) using ecotourism to promote and sustain local indigenous communities

Question 17

Which of the following would not be included in the GPI, the Genuine Progress Indicator?

Accepted Answer

A) volunteer work 
B) gross national happiness 
C) health care for family members 
D) childcare 
E) housework 
A) volunteer work 
B) gross national happiness 
C) health care for family members 
D) childcare 
E) housework

Question 18

Tradable environmental permits have all of the following advantages, except

Accepted Answer

A) flexibility 
B) easy to administer 
C) self-monitoring of emissions can promote cheating 
D) permit prices determined by market transactions 
E) encourages pollution prevention and waste reduction 
A) flexibility 
B) easy to administer 
C) self-monitoring of emissions can promote cheating 
D) permit prices determined by market transactions 
E) encourages pollution prevention and waste reduction

Question 19

Green taxes would replace environmentally harmful taxes that encourage what we want less of─pollution, resource waste, and environmental degradation.

Accepted Answer

A) True 
 B)False

Question 20

Experience shows markets cannot be relied upon to provide adequate levels of ____________________.

Accepted Answer

The answer of Experience shows markets cannot be relied upon...

Exam 23: Economics, Environment, and Sustainability

Figure 23-5 shows that economic systems take natural capital and produce the following outputs, all of which are negative, except

_______________ economists view the earth's natural capital as a subset or part of a human economic system.

Developed countries, in the year 2000, pledged to devote 0.7% of their national income toward reducing hunger and poverty, and moving toward environmental sustainability.What is the average actual amount donated by these countries?

Most environmental and ecological economists want an environmentally honest market system.

A team of ecologists and economists estimated the yearly ecological services provided by the earth's forests amount to

Which of the following is a nonuse value?

A free-market system operating without government interference requires that sellers

Which of the following is a strategy recommended by environmental economists to help make the transition away from unsustainable economic growth?

A monetary value placed on a forest, species, or part of nature because of its beauty is called a(n) ____________________.

In a truly free-market economic system, all economic decisions are governed solely by the competitive interaction of ____________________, ____________________, and ____________________.

As more high-throughput economies develop, resource consumption will ____________________ the capacity of the environment to provide sufficient renewable resources.

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

The willingness of people to pay to maintain natural resources and services is called an existence value.

The market price you pay for something does not include most of the costs related to harm to the environment and human health associated with the production of the product.

We can live more sustainably by using and wasting less matter and energy; reusing, recycling, or composting most matter resources; and controlling ____________________.

Which of the following is an example of a service-flow economy?

Which of the following would not be included in the GPI, the Genuine Progress Indicator?

Tradable environmental permits have all of the following advantages, except

Green taxes would replace environmentally harmful taxes that encourage what we want less of─pollution, resource waste, and environmental degradation.

Experience shows markets cannot be relied upon to provide adequate levels of ____________________.

Environmental Problems, Their Causes, and Sustainability

Science, Matter, Energy, and Systems

Ecosystems: What Are They and How Do They Work

Biodiversity and Evolution

Biodiversity, Species Interactions, and Population Control

The Human Population and Its Impact

Climate and Biodiversity

Aquatic Biodiversity

Sustaining Biodiversity: the Species Approach

Sustaining Terrestrial Biodiversity: the Ecosystem Approach

Sustaining Aquatic Biodiversity

Food, Soil, and Pest Management

Water Resources

Geology and Nonrenewable Mineral Resources

Nonrenewable Energy

Energy Efficiency and Renewable Energy

Environmental Hazards and Human Health

Air Pollution

Climate Disruption and Ozone Depletion

Water Pollution

Solid and Hazardous Waste

Cities and Sustainability

Politics, Environment, and Sustainability

Environmental Worldviews, Ethics, and Sustainability

Filters

In a truly free-market economic system, all economic decisions are governed solely by the competitive interaction of , , and .