Pregunta 1
Pregunta
Economics is the study of how people decide to use resources to provide goods and services.
Pregunta 2
Pregunta
What is the oldest type of economy?
Pregunta 3
Pregunta
Adam Smith believed that self-interest behavior could benefit society, as long as the behavior was constrained by the rule of law and private property rights and operated within fairly competitive markets.
Pregunta 4
Pregunta
All of the following are external costs EXCEPT:
Pregunta 5
Pregunta
Our global economy is seven times the size it was just half a entry ago?
Pregunta 6
Pregunta
Cost-benefit analysis is:
Respuesta
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Totaling up estimated costs for a proposed action and comparing these to the sum of benefits estimated to result from the action.
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Seller desire the highest possible price.
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Costs will always exceed. This should always be chosen over benefits.
Pregunta 7
Pregunta
Environmental economists tend to disagree with ecological economists that economies are unsustainable if population growth is not reduced?
Pregunta 8
Pregunta
An example of a nonmarket value is:
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Additional money that should have been included in the sales of property.
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Aesthetics and recreational pleasure we obtain from natural landscapes.
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Goods and materials lost that should have been accounted for.
Pregunta 9
Pregunta
Market failure occurs when markets do not take into account the environment's positive contribution to economies?
Pregunta 10
Respuesta
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Is policy that pertains to human interactions with the environment.
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Is policy made by governments.
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Does not have a set of formal rules or plans.
Pregunta 11
Pregunta
The Environmental Protection Agency has nothing to do with politics.
Pregunta 12
Pregunta
Historians suggest that major advances in environmental policy occurred in the 1960's and 1970's because:
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Evidence of environmental problems became widely and readily apparent.
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People could visualize policies to deal with the problems.
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The political climate was ripe, with a supportive public and leaders who were willing act.
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All of the above.
Pregunta 13
Pregunta
The United Nations (UN) represents multinational corporations and promotes free trade by reducing obstacles to international commerce and enforcing fairness among nations in trading practices.
Pregunta 14
Pregunta
Which of the following is NOT a step in the policy process?
Pregunta 15
Pregunta
Ecolabeling tells consumers which brands use environmentally benign processes.
Pregunta 16
Pregunta
Green taxes have no drawbacks;businesses will pay the taxes for consumers.