Exam 14: Economics, Politics, Worldviews, and Sustainability

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Internalizing external costs

(Multiple Choice)
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Adding external costs to the cost of goods and services would counter the amount people now pay for poor health, high-priced insurance, and other pollution control.

(True/False)
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People calling for more environmental stewardship generally believe that

(Multiple Choice)
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Neoclassical, ecological, and environmental economists believe there has to be a balance between economic growth and environmental preservation.

(True/False)
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Eco-labeling

(Multiple Choice)
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The precautionary principle is guided by the idea that we must make decisions that prevent a problem from occurring or worsening.

(True/False)
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Oil and gas development, mining and logging are permitted in national wildlife refuges.

(True/False)
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The science of economics examines

(Multiple Choice)
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Poverty is usually defined as

(Multiple Choice)
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Environmental economists

(Multiple Choice)
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The United States' per capita gross domestic product (GDP) increased substantially more than the per capita genuine progress indicator (GPI) from 1950 to 2002.

(True/False)
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The models of ecological economists focus on

(Multiple Choice)
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The Nature Conservancy, World Wildlife Fund, Greenpeace and the Grameen Bank are examples of non-governmental organizations working toward environmental conservation.

(True/False)
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Which action least reflects an ecocentric worldview?

(Multiple Choice)
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Which of the following concepts includes all the others?

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Incentive-based environmental regulation approaches uses market forces to encourage businesses to clean up pollution they have already created.

(True/False)
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Three types of resources are used to produce goods and services. They are ____________________, ____________________ and ____________________.

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The ____________________ principle in evaluating environmental policies states that our understanding of nature and how our actions affect nature is quite limited.

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Which of the following least reflects environmentally ethical guidelines regarding ecosystems?

(Multiple Choice)
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Which of the following least reflects environmentally ethical guidelines regarding individual responsibility?

(Multiple Choice)
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