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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
benefit
D
demand
2) When demand for a product is low, the producer will
A
drop price and raise supply
B
raise price and supply
C
drop 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
non-market values
B
market failures
C
cost-benefit analyses
D
ecolables
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
Americans became less aware about environmental problems.
C
Many Americans found themselves worse off economically.
D
Americans found themselves living amid dirtier air, dirtier water, and more waste and toxic chemicals.
5) What major entity of the U.S. government has the chief responsibility for overseeing environmental regulations?
A
Environmental Impact Statement
B
Supreme court
C
National Park Service
D
Environmental Protection Agency
6) Sometimes, a company that generates pollution will pay extra taxes, based on the amount of pollution it produces. These are known as
A
cap-and-trade taxes
B
Green 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 prohibits companies from emitting any pollution.
C
It consistently reduces pollution in all areas.
D
It always leads to positive environmental results.
8) A cost-benefit analysis is a(n)
A
economy in which the government decides what is made.
B
equilibrium between a product's supply and demand.
C
study of the factors that influence decisions of buyers and sellers.
D
Comparison between what is sacrificed and gained by a specific action.
9) 'Energy Star' - 'USDA Organic' and 'Fair Trade Certified' are all examples of
A
ecosystems
B
market failures
C
ecolabelling
D
non-marketing values
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
Hit it fergie! everytime i turn around brothers gather 'round lookin at me up and down starin at my HUH!
C
Laws made in one country don't apply to the neighboring country. So, they have to work together to make agreeable policies fo
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
cities
C
ecosystems
D
Factories
*select an answer for all questions
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