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EC238 Test Bank -
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tQuiz Bank Environmental Economics
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Chap 1_4ce t
Student:t
1. A(n)
inttheteconomictworldtistsomethingtthattleadstpeoplettotchannelttheirtproductiontandtcon
sumptionteffortstintatspecifictdirection.
A. moraltobligation
B. economictincentive
C. propertytright
D. ethicaltmotive
2. Anyteconomictsystemtwilltproducetdestructivetenvironmentaltimpactstiftthe
withintthetsystemt
aretnottstructuredttotavoidtthem.
A. ethics
B. prices
C. propertytrights
D. incentives
3. Atsmalltcoastaltcommunitytwithtthetpowerttotcontroltaccessttotitstscalloptfisherytistantexampletof
.
A. commontpropertytrights
B. privatetpropertytrights
C. antopentaccesstresource
D. atpositivetexternality
4. Atcommontpasturetontwhichtanyonetistallowedttotfreelytgrazetsheeptortcattletistantexampletof
.
A. privatetpropertytrights
B. antopentaccesstresource
C. commontpropertytrights
D. communitytpropertytrights
5. The
leveltoftpollutiontcantbetnegotiatedtprivatelytbasedtontpropertytrightstwhentonlytatfewtparti
estaretinvolvedtandtthetsource,tamounttandttypetoftpollutiontistclearlytidentifiable.
A. cost-effective
B. zero-emissions
C. fair
D. sociallytefficient
6. Whentyoutenjoytthetviewtoftyourtneighbour'stprize-winningtgarden,tthististantexampletof .
A. commontpropertytrights
B. atpositivetexternality
C. atnegativetexternality
D. atpublictgood
7. Whentwetdrivetourtcars,twetgettthe
ofttransportationtservices,twhiletotherstexperiencetthetd
etrimentalteffectstsuchtastpollutiontandtcongestiontwhichtenvironmentalteconomiststreferttotasta(n)
.
A. positivetexternality;tnegativetexternality
, t t
B. directtbenefit;topportunitytcost
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C.t directtbenefit;tnegativetexternality
D.t positivetexternality;topportunitytcost
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8. Thetnumbertoftkilometrestathouseholdtdrivestitstvehiclesteachtyeartistdeterminedtbytits
of
tdriving.
A. opportunitytcost
B. privatetcost
C. socialtcost
D. externaltcost
9. Forests,twetlandstandtoceanstaretreferredttotas becausetofttheirtabilityttotabsorbtCO2.
A. carbontsources
B. carbontstores
C. carbontcycles
D.t carbontsinks
10. Thetlargesttsourcetoftanthropogenictgreenhousetgastemissionstgloballytcomestfrom .
A. electricitytgenerationtandtheat
B. transportation
C. agriculture
D. coaltmining
11. Whentconsideringtstrategiesttotmitigatetthetimpacttoftclimatetchange,tthetconcepttthattsocietytshouldtcons
idertthettrade-
offtbetweentthetcosttoftpreventivetmeasuresttakenttodaytversustthetbenefitstarisingtfromtreducedtfuturetris
ktistknowntas .
A. adaption
B. thetprecautionarytprinciple
C. benefit-costtanalysis
D. climatetmodeling
12. Attaxtontcarbontemissions,tstandardsttotimprovetthetenergytefficiencytoftvehiclestandtappliancestandtpolic
iestthattpromotetsolartandtwindtenergytaretalltexamplestof .
A. thetprecautionarytprinciple
B. adaption
C. carbonttrading
D. greenhousetgastmitigationtpolicies
13. Anteconomytthatthastthetabilityttotallowtthetleveltoftpeople'stwell-
beingttotrisetortattleasttremaintconstanttoverttimetis .
A. sustainable
B. equitable
C. self-perpetuating
D. efficient
14.14.
t
Intthetfollowingtfigure,tthetmixtoftcarbon-intensivetgoodstandtenvironmentaltqualitytgiventbyt
t providestsocietytwithtthethighesttpossibletleveltoftwell-being.
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A.
bundletA