Question 1

Japan, France, and Belgium have phased out all ____________________ and Germany plans to do so by 2018..

Accepted Answer

coal subsidies

Question 2

Which of the following is not true about green taxes?

Accepted Answer

A) 70% of voters support green taxes when they are explained. 
B) U.S.Congress has not introduced green taxes because of lobbyists. 
C) Green taxes can reduce pollution and greenhouse gas emissions. 
D) Green taxes can reduce economic competitiveness. 
E) Green taxes can create many new jobs. 
A) 70% of voters support green taxes when they are explained. 
B) U.S.Congress has not introduced green taxes because of lobbyists. 
C) Green taxes can reduce pollution and greenhouse gas emissions. 
D) Green taxes can reduce economic competitiveness. 
E) Green taxes can create many new jobs. D

Question 3

The optimum level of pollution control is reached when

Accepted Answer

A) marginal costs of pollution control begins to exceed the marginal cost of pollution 
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 the marginal cost of pollution 
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 C

Question 4

Which of the following is an economic decision-making tool that involves determining who/what may be affected, projecting outcomes, and establishing who benefits or is harmed?

Accepted Answer

A) existence value 
B) monetary value 
C) discount value 
D) nonuse value 
E) cost benefit analysis 
A) existence value 
B) monetary value 
C) discount value 
D) nonuse value 
E) cost benefit analysis

Question 5

Subsidies and tax breaks for environmentally harmful businesses cost the world's taxpayers what amount per year?

Accepted Answer

A) $2 trillion 
B) $200 billion 
C) $150 billion 
D) $1 billion 
E) $500 million 
A) $2 trillion 
B) $200 billion 
C) $150 billion 
D) $1 billion 
E) $500 million

Question 6

The point at which the supplier's price matches what buyers are willing to pay for some quantity of a good or service is called

Accepted Answer

A) demand curve 
B) market price equilibrium point 
C) supply curve 
D) price line 
E) market cost 
A) demand curve 
B) market price equilibrium point 
C) supply curve 
D) price line 
E) market cost

Question 7

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 8

Environmentalists think that ____________________ can encourage companies to develop green products and processes that can create jobs and increase company profits.

Accepted Answer

innovation

Question 9

All of the following are ideas of ecological economists, except

Accepted Answer

A) There are no substitutes for many vital natural resources 
B) Human economic systems depend heavily on irreplaceable natural resources 
C) Continuing economic growth is necessary for providing businesses with profits 
D) We should discourage unsustainable forms of economic growth 
E) Market prices should include costs of harmful effects of producing goods 
A) There are no substitutes for many vital natural resources 
B) Human economic systems depend heavily on irreplaceable natural resources 
C) Continuing economic growth is necessary for providing businesses with profits 
D) We should discourage unsustainable forms of economic growth 
E) Market prices should include costs of harmful effects of producing goods

Question 10

Governments intervene in markets to do all of the following, except

Accepted Answer

A) prevent degradation of open-access resources 
B) protect people from fraud 
C) protect health and safety of workers and consumers 
D) manage public resources 
E) direct production of goods and services 
A) prevent degradation of open-access resources 
B) protect people from fraud 
C) protect health and safety of workers and consumers 
D) manage public resources 
E) direct production of goods and services

Question 11

Neoclassical economists assume that the potential for economic growth is unlimited.

Accepted Answer

A) True 
 B)False

Question 12

In a truly free-market economic system no company or small group of companies would control the prices of any goods or services.

Accepted Answer

A) True 
 B)False

Question 13

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

take more;

Question 14

Levying taxes on each unit of pollution discharged into the air or water is an example of

Accepted Answer

A) tradable pollution rights 
B) charging user fees 
C) regulation 
D) green taxes 
E) subsidies for beneficial actions 
A) tradable pollution rights 
B) charging user fees 
C) regulation 
D) green taxes 
E) subsidies for beneficial actions

Question 15

In Europe and the United States, 70% of people surveyed indicated they support green taxes.

Accepted Answer

A) True 
 B)False

Question 16

Of the nearly 8 million impoverished people who have received microloans from the Grameen Bank, what percentage are women?

Accepted Answer

A) 100% 
B) 97% 
C) 75% 
D) 64% 
E) 33% 
A) 100% 
B) 97% 
C) 75% 
D) 64% 
E) 33%

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

According to some economists, full-cost pricing would do all of the following, except

Accepted Answer

A) reduce resource waste and pollution 
B) improve human health 
C) cause job and profit loss in harmful businesses 
D) create jobs and profits in beneficial businesses 
E) make consumer choices more difficult 
A) reduce resource waste and pollution 
B) improve human health 
C) cause job and profit loss in harmful businesses 
D) create jobs and profits in beneficial businesses 
E) make consumer choices more difficult

Question 19

Direct costs involving land, labor, materials, and pollution-control technologies are always difficult to estimate.

Accepted Answer

A) True 
 B)False

Question 20

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

Accepted Answer

A) True 
 B)False

Exam 23: Economics, Environment, and Sustainability

Japan, France, and Belgium have phased out all ____________________ and Germany plans to do so by 2018..

Which of the following is not true about green taxes?

The optimum level of pollution control is reached when

Which of the following is an economic decision-making tool that involves determining who/what may be affected, projecting outcomes, and establishing who benefits or is harmed?

Subsidies and tax breaks for environmentally harmful businesses cost the world's taxpayers what amount per year?

The point at which the supplier's price matches what buyers are willing to pay for some quantity of a good or service is called

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

Environmentalists think that ____________________ can encourage companies to develop green products and processes that can create jobs and increase company profits.

All of the following are ideas of ecological economists, except

Governments intervene in markets to do all of the following, except

Neoclassical economists assume that the potential for economic growth is unlimited.

In a truly free-market economic system no company or small group of companies would control the prices of any goods or services.

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."

Levying taxes on each unit of pollution discharged into the air or water is an example of

In Europe and the United States, 70% of people surveyed indicated they support green taxes.

Of the nearly 8 million impoverished people who have received microloans from the Grameen Bank, what percentage are women?

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

According to some economists, full-cost pricing would do all of the following, except

Direct costs involving land, labor, materials, and pollution-control technologies are always difficult to estimate.

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

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."