Question 1

What is an indirect cost of car ownership?

Accepted Answer

A)  maintenance and repair 
B)  gasoline 
C)  pollution from production and use 
D)  raw materials and labor 
E)  dealer mark-up 
A)  maintenance and repair 
B)  gasoline 
C)  pollution from production and use 
D)  raw materials and labor 
E)  dealer mark-up

Question 2

A discount rate is the estimate of a resource's future economic value compared to its present value.

Accepted Answer

A) True 
 B)False

Question 3

Ray Anderson is known for ____.

Accepted Answer

A)  leasing organic solvents for chemical service companies 
B)  leasing carpets 
C)  designing a car-sharing network 
D)  creating a company to recycle and recondition home appliances 
E)  establishing the world's leading document service company 
A)  leasing organic solvents for chemical service companies 
B)  leasing carpets 
C)  designing a car-sharing network 
D)  creating a company to recycle and recondition home appliances 
E)  establishing the world's leading document service company

Question 4

Which of the following refers to tools and materials such as machinery,materials,and factories?

Accepted Answer

A)  human capital 
B)  natural capital 
C)  artificial capital 
D)  manufactured capital 
E)  development capital 
A)  human capital 
B)  natural capital 
C)  artificial capital 
D)  manufactured capital 
E)  development capital

Question 5

What is an argument against the use of high discount rates?

Accepted Answer

A)  Inflation can reduce the value of future earnings on a resource. 
B)  Consumer preferences can make a product or resource obsolete. 
C)  Resource owners can make more money by investing their capital in some other venture. 
D)  High discount rates can encourage rapid exploitation of resources for immediate payoffs. 
E)  They do not provide resource owners with reasonable with any monetary returns. 
A)  Inflation can reduce the value of future earnings on a resource. 
B)  Consumer preferences can make a product or resource obsolete. 
C)  Resource owners can make more money by investing their capital in some other venture. 
D)  High discount rates can encourage rapid exploitation of resources for immediate payoffs. 
E)  They do not provide resource owners with reasonable with any monetary returns.

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

Comparing estimated costs and benefits for actions such as implementing a pollution control regulation is called a(n)____________________.

Accepted Answer

cost-benef

Question 8

In 2011,solar energy provided electricity for how many German homes?

Accepted Answer

A)  less than 1 million 
B)  2.5 million 
C)  4 million 
D)  5 million 
E)  more than 6 million 
A)  less than 1 million 
B)  2.5 million 
C)  4 million 
D)  5 million 
E)  more than 6 million

Question 9

Which school of economics assumes that the potential for economic growth is essentially unlimited and is necessary for providing profits for businesses and jobs for workers?

Accepted Answer

A)  classical 
B)  neoclassical 
C)  capitalistic 
D)  ecological 
E)  socialistic 
A)  classical 
B)  neoclassical 
C)  capitalistic 
D)  ecological 
E)  socialistic

Question 10

Which of the following is true about green taxes?

Accepted Answer

A)  Seventy percent of voters support green taxes when they are explained. 
B)  U.S.Congress has introduced and passed green taxes because of lobbyists. 
C)  Green taxes fail reduce pollution and greenhouse gas emissions. 
D)  Green taxes reduce economic competitiveness. 
E)  Green taxes cost jobs. 
A)  Seventy percent of voters support green taxes when they are explained. 
B)  U.S.Congress has introduced and passed green taxes because of lobbyists. 
C)  Green taxes fail reduce pollution and greenhouse gas emissions. 
D)  Green taxes reduce economic competitiveness. 
E)  Green taxes cost jobs.

Question 11

The Grameen Bank specializes in providing ____.

Accepted Answer

A)  loans to governments to help the poor 
B)  loans to corporations that help the poor 
C)  microfinancing at very low interest rates 
D)  financing for ecologically related large projects 
E)  grants to not-for-profit organizations 
A)  loans to governments to help the poor 
B)  loans to corporations that help the poor 
C)  microfinancing at very low interest rates 
D)  financing for ecologically related large projects 
E)  grants to not-for-profit organizations

Question 12

Donella Meadows contrasted the beliefs of neoclassical economists and ecological economists this way: "Economics discounts the future...The earth says: Never ____________________ in your generation than you ____________________ to the next."

Accepted Answer

The answer of Donella Meadows contrasted the beliefs of neoclassical...

Question 13

Changing to a recycling and reuse economy will enable us to meet the needs of an ever-growing population indefinitely.

Accepted Answer

A) True 
 B)False

Question 14

Full-cost pricing would discourage producers from inventing more resource-efficient methods of production,thereby cutting production costs.

Accepted Answer

A) True 
 B)False

Question 15

Consider a graph in which demand and supply intersect.What would the point of intersection be called?

Accepted Answer

A)  quantity 
B)  price 
C)  availability 
D)  market price equilibrium 
E)  full cost pricing 
A)  quantity 
B)  price 
C)  availability 
D)  market price equilibrium 
E)  full cost pricing

Question 16

Discuss arguments for and against setting high discount rates.

Accepted Answer

Setting discount rates can be difficult

Question 17

One idea for reducing pollution and resource waste is to shift from the current material-flow economy to a(n)____________________.

Accepted Answer

service-fl

Question 18

The traditional measurement of the annual economic value of all goods and services within a country is called the ____.

Accepted Answer

A)  GDP 
B)  GNP 
C)  HPI 
D)  GNH 
E)  NIH 
A)  GDP 
B)  GNP 
C)  HPI 
D)  GNH 
E)  NIH

Question 19

A social institution through which goods and services are produced,distributed,and consumed to satisfy people's needs and wants,ideally in the most efficient way possible is a(n)____.

Accepted Answer

A)  economy 
B)  network 
C)  capitalistic system 
D)  market 
E)  socialistic system 
A)  economy 
B)  network 
C)  capitalistic system 
D)  market 
E)  socialistic system

Question 20

The optimum level of pollution control is reached when ____.

Accepted Answer

A)  marginal costs of pollution control begins to exceed what the public will pay for control 
B)  marginal costs of pollution begins to exceed the marginal costs of pollution control 
C)  the marginal cost of pollution control intersects with the marginal cost of pollution 
D)  demand for pollution clean-up exceeds the capacity to clean pollution 
E)  technologies become affordable to clean up pollution 
A)  marginal costs of pollution control begins to exceed what the public will pay for control 
B)  marginal costs of pollution begins to exceed the marginal costs of pollution control 
C)  the marginal cost of pollution control intersects with the marginal cost of pollution 
D)  demand for pollution clean-up exceeds the capacity to clean pollution 
E)  technologies become affordable to clean up pollution

Exam 23: Economics, environment, and Sustainability

What is an indirect cost of car ownership?

A discount rate is the estimate of a resource's future economic value compared to its present value.

Ray Anderson is known for ____.

Which of the following refers to tools and materials such as machinery,materials,and factories?

What is an argument against the use of high discount rates?

Which of the following is a nonuse value?

Comparing estimated costs and benefits for actions such as implementing a pollution control regulation is called a(n)____________________.

In 2011,solar energy provided electricity for how many German homes?

Which school of economics assumes that the potential for economic growth is essentially unlimited and is necessary for providing profits for businesses and jobs for workers?

Which of the following is true about green taxes?

The Grameen Bank specializes in providing ____.

Donella Meadows contrasted the beliefs of neoclassical economists and ecological economists this way: "Economics discounts the future...The earth says: Never ____________________ in your generation than you ____________________ to the next."

Changing to a recycling and reuse economy will enable us to meet the needs of an ever-growing population indefinitely.

Full-cost pricing would discourage producers from inventing more resource-efficient methods of production,thereby cutting production costs.

Consider a graph in which demand and supply intersect.What would the point of intersection be called?

Discuss arguments for and against setting high discount rates.

One idea for reducing pollution and resource waste is to shift from the current material-flow economy to a(n)____________________.

The traditional measurement of the annual economic value of all goods and services within a country is called the ____.

A social institution through which goods and services are produced,distributed,and consumed to satisfy people's needs and wants,ideally in the most efficient way possible is a(n)____.

The optimum level of pollution control is reached when ____.

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

Donella Meadows contrasted the beliefs of neoclassical economists and ecological economists this way: "Economics discounts the future...The earth says: Never in your generation than you to the next."