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Environmental Science Final Exam Chapter 2
Test Description: Chapter 2
Instructions: Answer all questions to get your test result.
1) The amount of a product offered for sale at a given price is
A
supply
B
cost
C
demand
D
benefit
2) When demand for a product is low, the producer will
A
drop price and raise supply
B
drop price and supply
C
raise price and supply
D
raise price and drop supply
3) Things that we appreciate for beauty, that help define our culture, or that teach us about ourselves are said to have
A
market failures
B
ecolables
C
non-market values
D
cost-benefit analyses
4) Which of the following facts influenced the shift in environmental policy in the U.S. during the mid-to late-1900's?
A
America was less densely populated and had reduced its reliance on technology.
B
Many Americans found themselves worse off economically.
C
Americans found themselves living amid dirtier air, dirtier water, and more waste and toxic chemicals.
D
Americans became less aware about environmental problems.
5) What major entity of the U.S. government has the chief responsibility for overseeing environmental regulations?
A
Supreme court
B
Environmental Impact Statement
C
Environmental Protection Agency
D
National Park Service
6) Sometimes, a company that generates pollution will pay extra taxes, based on the amount of pollution it produces. These are known as
A
Green taxes
B
cap-and-trade taxes
C
subsidy taxes
D
command-and-control taxes
7) What statement about cap-and-trade systems is true?
A
It issues permits that allow companies to emit a percentage of the overall amount of a given pollutant.
B
It consistently reduces pollution in all areas.
C
It prohibits companies from emitting any pollution.
D
It always leads to positive environmental results.
8) A cost-benefit analysis is a(n)
A
equilibrium between a product's supply and demand.
B
study of the factors that influence decisions of buyers and sellers.
C
Comparison between what is sacrificed and gained by a specific action.
D
economy in which the government decides what is made.
9) 'Energy Star' - 'USDA Organic' and 'Fair Trade Certified' are all examples of
A
ecolabelling
B
non-marketing values
C
ecosystems
D
market failures
10) Why is it important for nations to work together on environmental policy?
A
You're insecure don't know what for, you're turning heads when you walk through the door.
B
Laws made in one country don't apply to the neighboring country. So, they have to work together to make agreeable policies fo
C
Hit it fergie! everytime i turn around brothers gather 'round lookin at me up and down starin at my HUH!
D
I got a fire for a heart i'm not scared of the dark you've never seen i look so easy.
11) Ultimately, where do economics get their resources and put their wastes?
A
households
B
Factories
C
ecosystems
D
cities
*select an answer for all questions
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