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The Economic Approach to Issues of the Environment Can Be

Question 11

Multiple Choice

The economic approach to issues of the environment can be directly contrasted with the ________, while the former relies on analytic models and incentives to explain environmental quality the latter interprets environmental degradation as a result of _______.


A) analytic approach; negative externality
B) direct approach; indirect policy
C) moral approach; unethical behavior
D) positive approach; opportunity cost

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