Exam 9: Pollution and the Environment

Pollution control efforts are justified whenever the marginal social benefits

When resource prices reflect true social costs

The following question are based on the following diagram: -Curve 2 represents the

A principal source of air pollution in the United States is

Implementing which of the following policies would make it most difficult to predict the impact on the level of pollution?

During the 1980s,environmentalists

Which of the following best represents an economic cost to society for decreasing the levels of pollution?

One person's (or firm's)use of a resource that damages other people who cannot obtain proper compensation is called a(n)

Pollution control programs can lead to an adverse redistribution of income when

When countries ignore external diseconomies,their products

A paper mill that degrades river water while producing its product creates a divergence between private and social costs if,and only if,the

Environmental pollution is an economic problem because

The simplest way for government to intervene to remedy a country's pollution problem is through the use of

When firms do not have to pay the true social costs for resources

The most efficient way of reducing greenhouse gases is

One means of increasing national output without increasing pollution at a commensurate rate is to

Opponents of zero economic growth as a means to reduce pollution argue that growth in productive capacity would

When external diseconomies exist

The economic rationale behind effluent fees is

In commenting on the problems of implementing the provisions of the Clean Air Act for Los Angeles,EPA director William Ruckelshaus noted that