Environmental Science 14th Edition by Tyler Miller ,Scott Spoolman

Exercise 13

What is the key concept for this section Why do products and services actually cost more than most people think What is full-cost pricing and what are some benefits of using it to determine the market values of goods and services Give two reasons why it is not widely used. Define and distinguish between gross domestic product ( GDP ) and per capita GDP. What is the genuine progress indicator (GPI) and how does it differ from the GDP economic indicator Describe the benefits of shifting from environmentally unsustainable to more environmentally sustainable government subsidies and tax breaks. Give two reasons why making this subsidy shift is difficult. Discuss whether we should tax pollution and wastes instead of wages and profits. What are the major advantages and disadvantages of green taxes What are three requirements for the successful implementation of green taxes