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Economics An Introduction
Quiz 23: Environmental Devastation
Path 4
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Question 1
Short Answer
Whats defention of terms: -cap-and-trade or emissions trading system
Question 2
Short Answer
Whats defention of terms: -carbon tax
Question 3
Short Answer
Whats defention of terms: -climate change
Question 4
Short Answer
Whats defention of terms: -greenhouse effect
Question 5
Short Answer
Whats defention of terms: -Malthusian argument
Question 6
Essay
Describe types of pollution resulting from production and consumption. -List different types of pollution and their impact on the environment.
Question 7
Essay
Describe types of pollution resulting from production and consumption. -Do the different types of pollution affect only the area immediately surrounding the source of the pollution? Explain using examples.
Question 8
Essay
Describe types of pollution resulting from production and consumption. -Are the effects of some types of pollution always immediately apparent? Why or why not? Give an example.
Question 9
Essay
Explain the overarching reason that firms in capitalist market economies may not actively seek to reduce the pollution from production. -Explain how firms can pass on the costs of pollution to the public.
Question 10
Essay
Explain the overarching reason that firms in capitalist market economies may not actively seek to reduce the pollution from production. -What are some ways the public "pays" for the costs associated with pollution from nearby plants or factories?
Question 11
Essay
Explain the overarching reason that firms in capitalist market economies may not actively seek to reduce the pollution from production. -If firms are not paying all costs associated with the production of a product, how do you think that will affect the price of that product in the market and the consumption of that product?
Question 12
Essay
Compare and contrast the policy recommendations of conservatives, liberals, and progressives. -What is the implied assumption about how people behave in the "tragedy of the commons"? Do you think this is always the way people behave? How might different institutions and incentives work into your answer?
Question 13
Essay
Compare and contrast the policy recommendations of conservatives, liberals, and progressives. -Describe the market solutions to pollution. What are some possible problems with the solutions?
Question 14
Essay
Compare and contrast the policy recommendations of conservatives, liberals, and progressives. -According to liberals, why does the Environmental Protection Agency exist? How does it fit into their policy suggestions about pollution?