Which statement about the relationship between economics and the environment is true?

Harm to the environment can harm economies

What statement about cap-and-trade systems is true?

allow companies to emit a percentage of a given pollutant.

Which statement about environmental policy in the United States is true?

All 3 branches of government are involved, Environmental policy is based only on scientific information

What needs to be done before proposing a solution to an environmental problem?

identify specific causes of the problem

Which US government entity has the responsibility for overseeing environmental regulations?

Environmental Protection Agency

What is a cost-benefit analysis?

comparison between what is sacrificed and gained

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Chapter 2 - Environmental Policy and Economics

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Questions 17

Answers

1
“Energy Star”, “USDA Organic”, and “Fair Trade Certified” are all examples of
ecosystems
market failure
non-market values
ecolabeling
2
Which statement about the relationship between economics and the environment is true?
Harm to the environment can harm economies
Long-term effects often receive more weight than short-term
Internal/external environmental costs are considered equally
The relationship usually receives serious consideration
3
What statement about cap-and-trade systems is true?
It always leads to positive environmental results.
It prohibits companies from emitting any pollution.
It consistently reduces pollution in all areas.
allow companies to emit a percentage of a given pollutant.
4
Which branch of the U.S. government is involved in interpreting environmental laws?
executive branch
judicial branch
legislative branch
state governors
5
Most major laws in modern U.S. environmental policy were enacted in the
1960s and 1970s
years between 2000-2005
1980s and 1990s
years between 2005-2010
6
The amount of a product offered for sale at a given price is
supply
demand
cost
benefit
7
When demand for a product is low, the producer will
drop price and supply
drop price and raise supple
raise price and drop supply
raise price and supply
8
Because the earth’s resources are ultimately limited, nonstop economic growth is
highly desirable
inevitable
not sustainable
not a problem
9
Ultimately, where do economies get their resources and put their wastes?
cities
households
ecosystems
factories
10
In making environmental policies, government interacts with _______________
organizations
citizens
all of the above
bussinesses
11
Which statement about environmental policy in the United States is true?
The environmental policies have always been successful.
All 3 branches of government are involved
All policies are created at the federal level.
Environmental policy is based only on scientific information
12
What needs to be done before proposing a solution to an environmental problem?
get organized to take action
identify specific causes of the problem
help a solution become law
gain access to policymakers
13
Which US government entity has the responsibility for overseeing environmental regulations?
Supreme Court
Environmental Impact Statement
National Park Service
Environmental Protection Agency
14
The first step of the environmental policy process is
identify the problem
get organized
guide the solution to law.
gain access to policymakers
15
The final step of the environmental policy process is to
find the cause.
guide the solution to law.
identify the problem.
find the solution.
16
Promotes peace and helps solve economic, social, cultural, and humanitarian problems.
European Union
Kyoto Protocol
United Nations
World Trade Organization
17
What is a cost-benefit analysis?
study of factors that influence decisions of buyers/sellers
comparison between what is sacrificed and gained
equilibrium between a product's supply and its demand.
economy in which the government decides what is made

Chapter 2 - Environmental Policy and Economics Flashcards | StudBud