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September 1, 2022
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Chapter
17
– Environmental
Economics – Politics – and Worldviews
True / False
1.
Stewardship
is
based
on
an
idea that nature exists f
or all species alike and
our
success depends
on
how
well
we
manage
the earth and nature.
a.
True
b.
False
False
2.
Some research has suggested that man
y toxic waste sites
in
white communities
have been cleaned
up
faster and more
completely than similar sites
in
African
American and Latino
communities have.
a.
True
b.
False
True
3.
The majority
of
neoclassical economists wou
ld
be
expected
to
adopt a lifestyle
of
voluntary simplicity
because
of
our
limited resources.
a.
True
b.
False
False
4.
The
cap
-and-trade approach
to
pollution reduction means that permit hold
er not using their entire allocation
can
save
credits for future expansion.
a.
True
b.
False
True
5.
Ecological economists tend
to
view human econo
mic systems
as
sub
systems
of
the biosphere.
a.
True
b.
False
False
6.
The Biosphere 2 experiment showed th
at science
is
very capable
of
engineering sustainable ecological s
ystems.
a.
True
b.
False
False
7.
In
a truly
free-market
economic system, all economic decisions
are governed solely
by
democracy and principles
of
individual’s freedom
to
choose.
a.
True
b.
False
False
8.
Natural, human, and manufactured
capital are the three types
of
capital used
in
most economic systems.
a.
True
b.
False
True
9.
Technological advances
can
always
be
relied
upon
to
provide solutions
to
our
environmental problems.
a.
True
b.
False
False
10.
Ecological economists consider natural capital
to
be
important
but
not indispensable because they believ
e
we
can find
substitutes for essentially any
resource that
we
might deplete
or
deg
rade.
a.
True
b.
False
False
11.
Environmental economists favor adjusting
existing economic policies and
tools
to
be
more environmentally beneficial.
a.
True
b.
False
True
12.
The genuine progress indicator,
or
GPI, takes into
account the harmful environmental and
social costs
of
all
transactions.
a.
True
b.
False
True
13.
Many analysts think that the tax systems
in
most c
ountries are somewhat backward becaus
e they discourage jobs,
income, and profit-driv
en innovation.
a.
True
b.
False
True
14.
One approach
to
working toward
more environmentally beneficial economies
is
to
sell certain products that replace
the need for services.
a.
True
b.
False
False
15.
Some believe that fighting forces and weapo
nry will become less useful to
ward national security because
of
environmental degradation.
a.
True
Chapter
17
– Environmental
Economics – Politics – and Worldviews
b.
False
True
16.
Most democratic governments have taken
on
features that increase their ability
to
deal with environmental problems.
a.
True
b.
False
False
17.
The precautionary principle states that
we
should make decisions that
help
to
prevent a prob
lem from occurring
or
becoming worse.
a.
True
b.
False
False
18.
The holistic principle states that
we
sho
uld recognize that the environmental
and other problems
we
face are
connected.
a.
True
b.
False
True
19.
History shows that significant chang
e usually comes from the
botto
m
up
when individuals join together
to
bring about
change.
a.
True
b.
False
True
20.
A
way
that individuals
can
prov
ide environmental leadership
is
to
purchase and
eat
food that has been sustain
ably
produced.
a.
True
b.
False
True
21.
Since 1980, a well-organized and well-fu
nded movement has mounted
a strong campaign
to
weaken
or
repeal existing
U.S. environmental laws and
regulations and
to
change the ways
in
which
public lands are used.
a.
True
b.
False
True
22.
A potential problem
to
finding solutions
to
our environmental problems
is
that the messag
e
of
environmental
degradation often carries a negative
tone that turns off many people.
a.
True
b.
False
True
23.
Less than
10%
of
the U.S. public considers the environment
to
be
one
of
the
nation’s
most pressing problems.
a.
True
b.
False
True
24.
Less than
10%
of
the U.S. public considers the environment
to
be
one
of
the
nation’s
most pressing problems.
a.
True
b.
False
True
25.
According
to
the WWF Global Footprin
t Network,
if
everyone
in
th
e world used resources equal
to
what the average
American uses,
we
would
need
____.
a.
to
share resources equally
in
order
to
survive
b.
more oil and gas than
is
available
c.
more energy efficiency
d.
about five planet earths
to
suppo
rt them
e.
more sustainable energy
17.1 How Are Economic Systems Related
to
the Biosphere?
26.
China’s
____, has grown
to
roughly 300
million, which
is
a number almost equ
al
to
the U.S. population.
a.
consumer middle class
b.
military
c.
poor
d.
working class
e.
upper wealthy class
a
17.1 How Are Economic Systems Related
to
the Biosphere?
biosphere.
27.
In
a market-based economic system, economic dec
isions about prices are controlled
by
____.
a.
supply and demand
b.
the government
c.
past customs and experience
d.
the banks
e.
full-cost pricing
a
17.1 How Are Economic Systems Related
to
the Biosphere?
28.
Which type
of
economist views economic systems
as
subsystems
of
the biosphere that dep
end heavily
on
irreplaceable
natural resources?
a.
neoclassical
b.
ecological
c.
environmental
sustainable environmental policies.
Chapter
17
– Environmental
Economics – Politics – and Worldviews
d.
classical
e.
full-cost
17.1 How Are Economic Systems Related
to
the Biosphere?
29.
The ecological economist believes that conven
tional economic growth
will eventually ____.
a.
pull
us
out
of
our
dependence
on
Middle Eastern oil
b.
lead
us
into a socialist economy
c.
become unsustainable because
it
will
deplete natural capital
d.
lead
us
into a sustainable economy
e.
collapse when oil runs
out
c
17.1 How Are Economic Systems Related
to
the Biosphere?
30.
The view that natural resources are important
but
not
indispensable
is
held
by
____.
a.
environmental economists
b.
ecological economists
c.
Eastern European economists
d.
neoclassical economists
e.
classical economists
17.1 How Are Economic Systems Related
to
the Biosphere?
31.
The central view
of
neoclassical economists
is
that econo
mic growth
is
____.
a.
the only path
to
a truly free-market syst
em
b.
the natural solution
to
many problems
c.
paramount
to
all other concerns
d.
limited
by
resource availability
e.
unlimited, regardless
of
resource limitat
ions
e
17.1 How Are Economic Systems Related
to
the Biosphere?
32.
What kind
of
economist favors adjusting existin
g economic policies and tools
to
be
more environmentally beneficial
over inventing all-new policies and tool
s?
a.
ecological economist
b.
environmental economist
Chapter
17
– Environmental
Economics – Politics – and Worldviews
c.
neoclassical economist
d.
neoconservative economist
e.
classical economist
17.1 How Are Economic Systems Related
to
the Biosphere?
33.
What
is
an
internal cost
of
driving a domestic car?
a.
air pollution and litter
b.
cost
of
manufacture
c.
highway accidents
d.
health costs
e.
hazardous wastes produced
by
car
exhaust
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.1 – Explain
hidden costs and full-cost pricing using
examples.
34.
Some experts cite the failure
to
include th
e harmful environmental costs
in
the __
__
of
the goods and services
as
one
of
the major causes
of
the environmental prob
lems
we
face.
a.
stock prices
b.
indirect prices
c.
partial-cost prices
d.
market prices
e.
full-cost prices
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.1 – Explain
hidden costs and full-cost pricing using
examples.
35.
A necessary result
of
implementing
____
is
that some producers
of
harmful
products and services would
go
out
of
business.
a.
full-cost pricing
b.
environmental regulations
c.
pollution taxes
d.
government subsidies
e.
ecological policies
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.1 – Explain
hidden costs and full-cost pricing using
examples.
36.
Perverse
____
can
distort the economic playing
field and create a
huge
economic incentive for
resource depletion and
Chapter
17
– Environmental
Economics – Politics – and Worldviews
environmental degradation.
a.
subsidies
b.
tax incentives
c.
full-cost pricing
d.
regulations
e.
lobbying
a
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.1 – Explain
hidden costs and full-cost pricing using
examples.
37.
The economically and politically
powerful interests that receive perverse subsidies
spend a lot
of
time and money
on
____, thus shifting
to
non-perverse sub
sidies would
be
difficul
t.
a.
lobbying
b.
lawyers
c.
bribes
d.
policies
e.
politicians
a
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.1 – Explain
hidden costs and full-cost pricing using
examples.
38.
The ____
was
deliberately designed
to
measure outputs, without takin
g into account their beneficial
or
harmful
environmental impacts.
a.
free market
b.
market pricing structure
c.
gross domestic product
d.
genuine progress indicator
e.
government subsidy
system
c
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
39.
How
do
proponents suggest
we
implement a
ta
x shift
to
green taxes, which transfers taxe
s from income and
wealth
to
pollution and environmental deg
radation?
a.
It
should
be
enacted immediately
in
order
to
do
any good.
b.
It
should only apply
to
developed cou
ntries.
c.
It
should include tax breaks.
d.
In
some cases both pollution
and income/wealth should
be
taxed.
e.
It
should
be
phased
in
over
10
to
20
years.
e
40.
A tax
on
the amount
of
CO
2
in
exhaust from
burning gasoline would
be
an
example
of
a
____.
a.
subsidy shift
b.
full-cost pricing
c.
tax shift
d.
perverse tax
e.
green tax
e
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
41.
The
cap
-and-trade program for
regulating air pollutants
by
the U.S.
government
is
an
example
of
a(n) ____.
a.
full-cost pricing
b.
incentive-based regulation
c.
command and control
regulation
d.
service-flow regulation
e.
subsidy shift
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
42.
What
do
critics
say
about the command-and
-control approach
to
U.S. environmental regulation?
a.
It
is
too focused
on
cleanup.
b.
It
is
too focused
on
prevention.
c.
It
encourages dishonesty.
d.
It
is
too harsh.
e.
Its
regulations are too complex.
a
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
incentive-based environmental regu
lations.
43.
What kind
of
environmental regulation sets heavy
penalties for
not
reaching goals?
a.
command-and-control
b.
incentive-based
c.
innovation-friendly
d.
full-cost based
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
Chapter
17
– Environmental
Economics – Politics – and Worldviews
e.
neoclassical
c
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
44.
What has been identified
as
one
of
the five major causes
of
the
environmental problems
we
face?
a.
perverse subsidies
b.
hazardous waste
c.
ignorance
d.
corruption
e.
poverty
e
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.8 – Outline
six measures that could
be
taken
to
reduce poverty.
45.
What
is
a financial tool
to
help people climb
out
of
poverty?
a.
student loans
b.
microlending
c.
microtaxes
d.
education grants
e.
no
ATM fees
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.8 – Outline
six measures that could
be
taken
to
reduce poverty.
46.
To
which international plan
to
curb poverty has the United
States failed
to
contribute
its
stated pledge?
a.
Microlending and microfinance
b.
The Ecology
of
Commerce
c.
The Kyoto Protocol
d.
The Basel Convention
e.
Millennium Development
Goals
e
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
ENVS.MLSP.16.17.2.8 – Outline
six measures that could
be
taken
to
reduce poverty.
47.
The federal government manages roug
hly
35%
of
the
country’s
land, which
is
jo
intly owned
by
____.
a.
Native Americans
b.
the Bureau
of
Land Management
c.
various corporations
d.
all U.S. citizens
Chapter
17
– Environmental
Economics – Politics – and Worldviews
e.
the National Park System
17.3 How Can
We
Implement Mo
re Sustainable and Just En
vironmental Policies?
48.
Which approach
to
business
is
least
ecologically-minded?
a.
mimic nature
b.
reduce poverty
c.
sell more things instead
of
services
d.
use full-cost pricing
e.
use
eco
-labels
on
products
c
17.2 How Can
We
Use
Economic
Tools
to
Deal
with Environmental Pro
blems?
49.
What
is
the process
by
which individuals and
groups
try
to
influence the decisions and
policies
of
governments?
a.
economics
b.
resource management
c.
politics
d.
ethics
e.
policy adjustment
c
17.3 How Can
We
Implement Mo
re Sustainable and Just En
vironmental Policies?
50.
In
the United States, rapid and destabilizing
change
is
curbed
by
a system
of
____.
a.
regulations
b.
punitive laws
c.
political discourse
d.
policy implementation
e.
checks and balances
e
17.3 How Can
We
Implement Mo
re Sustainable and Just En
vironmental Policies?
51.
Decisions about how
to
best use and pr
eserve national resources
in
a democr
acy are often complicated
by
th
e many
____.
Chapter
17
– Environmental
Economics – Politics – and Worldviews
a.
corporations
b.
voters
c.
special interest groups
d.
political parties
e.
competing policies
c
17.3 How Can
We
Implement Mo
re Sustainable and Just En
vironmental Policies?
52.
Analyses
of
budgets and appropriations
reveal that the government has given
an
average
of
$2.7 million a day
in
____
for privately-owned interests that use
U.S. public lands for activities such
as
mining, fossil fuel extraction,
logging, and
livestock grazing.
a.
environmental exemptions
b.
loans and grants
c.
resources and equipment
d.
permits and licenses
e.
subsidies and tax breaks
e
17.3 How Can
We
Implement Mo
re Sustainable and Just En
vironmental Policies?
53.
Which
of
the following
is
an
example
of
a special interest gr
oup?
a.
nongovernmental organization
s
b.
scientific research groups
c.
politicians
d.
government agencies
e.
economists
a
17.3 How Can
We
Implement Mo
re Sustainable and Just En
vironmental Policies?
54.
Polluting industrial sites and hazardous
waste
dumps
tend
to
be
located
in
communities populated
by
____.
a.
wealthy upper class
b.
wild animals
c.
middle class
d.
minorities
e.
politicians