,DOWNLOAD THE Test Bank for Environmental Economics 8th Edition Field
v v v v v v v v v
Chapterv01v-vWhatvIsvEnvironmentalvEconomics?
Chapter 01 Wha v v
t Is Environmental Economics?
v v v
MultiplevChoicevQuestions
1. A(n)v
invtheveconomicvworldvisvsomethingvthatvleadsvpeoplevtovchannelvtheirvproductionvandvc
onsumptionveffortsvinvavspecificvdirection.
A. moralvobligation
B. economicvincentive
C. propertyvright
D. ethicalvmotive
Difficulty:vEasy.
2. Anyveconomicvsystemvwillvproducevdestructivevenvironmentalvimpactsvifvthev
vwithinvthevsystemvarevnotvstructuredvtovavoidvthem.
A. ethics
B. prices
C. propertyvrights
D. incentives
Difficulty:vEasy.
3. Anveconomyvthatvhasvthevabilityvtovallowvthevlevelvofvpeople'svwell-
beingvtovrisevorvatvleastvremainvconstantvovervtimevisv .
A. sustainable
B. equitable
C. self-perpetuating
D. efficient
Difficulty:vEasy
4. Peoplevmakevthevdecisionvtovpollutevorvnotvbasedvonv .
A. incentives
B. socialvinstitutions
C. economicvinstitutions
D. allvofvthevabove
Difficulty:vEasy
1-1
©v2021vbyvMcGrawvHill.v Thisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinv
anyv manner.v Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpa
rt.
mynursytest.store
,DOWNLOAD THE Test Bank for Environmental Economics 8th Edition Field
v v v v v v v v v
Chapterv01v-vWhatvIsvEnvironmentalvEconomics?
5. organizationsvarevmorevlikelyvtovrespondvtovincentivesvthatvencouragevpollution.
A. Forvprofit
B. Notvforvprofit
C. Government
D. Allvorganizationsvarevequallyvlikelyvpolluters
Difficulty:vEasy
6. Positiveveconomicsvisvthevstudyvofv .
A. whatvwillvbe
B. whatvis
C. beneficialveconomicvoutcomes
D. economicvoutcomesvthatvarevmostvlikely
Difficulty:vEasy.
7. wouldvincludevavstudyvofvwhatvtheveconomicvpenaltiesvforvwatervpollutionvs
houldvbe.
A. Normativeveconomics
B. Legalveconomics
C. Judicialveconomics
D. Marketveconomics
Difficulty:vEasy.
8. organizationsvarevmorevlikelyvtovrespondvtovincentivesvthatvdiscouragevpollution.
A. Forvprofit
B. Notvforvprofit
C. Government
D. Allvofvthevabove
Difficulty:vEasy.
1-2
©v2021vbyvMcGrawvHill.v Thisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinv
anyv manner.v Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpa
rt.
mynursytest.store
, DOWNLOAD THE Test Bank for Environmental Economics 8th Edition Field
v v v v v v v v v
Chapterv01v-vWhatvIsvEnvironmentalvEconomics?
9. Theveconomicvapproachvtovissuesvofvthevenvironmentvcanvbevdirectlyvcontrastedvwithvthe
,vwhilevthevformervreliesvonvanalyticvmodelsvandvincentivesvtovexplainvenvironmentalv
qualityvthevlattervinterpretsvenvironmentalvdegradationvasvavresultvofv .
A. analyticvapproach;vnegativevexternality
B. directvapproach;vindirectvpolicy
C. moralvapproach;vunethicalvbehavior
D. positivevapproach;vopportunityvcost
Difficulty:vModerate
10. Pollutionvcontrolvcostsvtodayvprobablyvequatevto
A. 1%vtov2%vofvUSvGDP.
B. 20-25%vofvthevUSvGDP.
C. thevstatevofvIowa’svdomesticvproduction..
D. thevamountvspentvonvUSvhealthcare..
Difficulty:vEasy
11. ThevtechnicalvnamevforvthevPAYTv(payvasvyouvthrow)vwastevdisposalvprogramvimplemente
dvinvsouthernvMainevcommunities,vthatvchargedvavsetvpricevforveachvbagvofvtrashvis
.
A. municipalvincentive
B. ineffectivevpolicy
C. flatvfee
D. unitvpricing
Difficulty:vEasy.
12. Commandvandvcontrolvpoliciesvrefervto
A. communistvgovernmentvapproachesvtovpollutionvcontrol.
B. regulationsvandvlawsvthatvdirectly/indirectlyvspecifyvpollutionvcontrolvtechnology.
C. taxvandvspendvpollutionvpolicy.
D. regulationvofvpollutionvbyvthevUSvmilitary.
Difficulty:vEasy
1-3
©v2021vbyvMcGrawvHill.v Thisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinv
anyv manner.v Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpa
rt.
mynursytest.store
v v v v v v v v v
Chapterv01v-vWhatvIsvEnvironmentalvEconomics?
Chapter 01 Wha v v
t Is Environmental Economics?
v v v
MultiplevChoicevQuestions
1. A(n)v
invtheveconomicvworldvisvsomethingvthatvleadsvpeoplevtovchannelvtheirvproductionvandvc
onsumptionveffortsvinvavspecificvdirection.
A. moralvobligation
B. economicvincentive
C. propertyvright
D. ethicalvmotive
Difficulty:vEasy.
2. Anyveconomicvsystemvwillvproducevdestructivevenvironmentalvimpactsvifvthev
vwithinvthevsystemvarevnotvstructuredvtovavoidvthem.
A. ethics
B. prices
C. propertyvrights
D. incentives
Difficulty:vEasy.
3. Anveconomyvthatvhasvthevabilityvtovallowvthevlevelvofvpeople'svwell-
beingvtovrisevorvatvleastvremainvconstantvovervtimevisv .
A. sustainable
B. equitable
C. self-perpetuating
D. efficient
Difficulty:vEasy
4. Peoplevmakevthevdecisionvtovpollutevorvnotvbasedvonv .
A. incentives
B. socialvinstitutions
C. economicvinstitutions
D. allvofvthevabove
Difficulty:vEasy
1-1
©v2021vbyvMcGrawvHill.v Thisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinv
anyv manner.v Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpa
rt.
mynursytest.store
,DOWNLOAD THE Test Bank for Environmental Economics 8th Edition Field
v v v v v v v v v
Chapterv01v-vWhatvIsvEnvironmentalvEconomics?
5. organizationsvarevmorevlikelyvtovrespondvtovincentivesvthatvencouragevpollution.
A. Forvprofit
B. Notvforvprofit
C. Government
D. Allvorganizationsvarevequallyvlikelyvpolluters
Difficulty:vEasy
6. Positiveveconomicsvisvthevstudyvofv .
A. whatvwillvbe
B. whatvis
C. beneficialveconomicvoutcomes
D. economicvoutcomesvthatvarevmostvlikely
Difficulty:vEasy.
7. wouldvincludevavstudyvofvwhatvtheveconomicvpenaltiesvforvwatervpollutionvs
houldvbe.
A. Normativeveconomics
B. Legalveconomics
C. Judicialveconomics
D. Marketveconomics
Difficulty:vEasy.
8. organizationsvarevmorevlikelyvtovrespondvtovincentivesvthatvdiscouragevpollution.
A. Forvprofit
B. Notvforvprofit
C. Government
D. Allvofvthevabove
Difficulty:vEasy.
1-2
©v2021vbyvMcGrawvHill.v Thisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinv
anyv manner.v Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpa
rt.
mynursytest.store
, DOWNLOAD THE Test Bank for Environmental Economics 8th Edition Field
v v v v v v v v v
Chapterv01v-vWhatvIsvEnvironmentalvEconomics?
9. Theveconomicvapproachvtovissuesvofvthevenvironmentvcanvbevdirectlyvcontrastedvwithvthe
,vwhilevthevformervreliesvonvanalyticvmodelsvandvincentivesvtovexplainvenvironmentalv
qualityvthevlattervinterpretsvenvironmentalvdegradationvasvavresultvofv .
A. analyticvapproach;vnegativevexternality
B. directvapproach;vindirectvpolicy
C. moralvapproach;vunethicalvbehavior
D. positivevapproach;vopportunityvcost
Difficulty:vModerate
10. Pollutionvcontrolvcostsvtodayvprobablyvequatevto
A. 1%vtov2%vofvUSvGDP.
B. 20-25%vofvthevUSvGDP.
C. thevstatevofvIowa’svdomesticvproduction..
D. thevamountvspentvonvUSvhealthcare..
Difficulty:vEasy
11. ThevtechnicalvnamevforvthevPAYTv(payvasvyouvthrow)vwastevdisposalvprogramvimplemente
dvinvsouthernvMainevcommunities,vthatvchargedvavsetvpricevforveachvbagvofvtrashvis
.
A. municipalvincentive
B. ineffectivevpolicy
C. flatvfee
D. unitvpricing
Difficulty:vEasy.
12. Commandvandvcontrolvpoliciesvrefervto
A. communistvgovernmentvapproachesvtovpollutionvcontrol.
B. regulationsvandvlawsvthatvdirectly/indirectlyvspecifyvpollutionvcontrolvtechnology.
C. taxvandvspendvpollutionvpolicy.
D. regulationvofvpollutionvbyvthevUSvmilitary.
Difficulty:vEasy
1-3
©v2021vbyvMcGrawvHill.v Thisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinv
anyv manner.v Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpa
rt.
mynursytest.store
