This quiz works best with JavaScript enabled. Home > Economics > Environmental Economics > Environmental Economics – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Environmental Economics Quiz 10 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Who is responsible for the degradation of biodegradable organic mattes present in the domestic sewage? A) Animals. B) Humans. C) Plastic. D) Bacteria and other microbes. Show Answer Correct Answer: D) Bacteria and other microbes. 2. Environment can absorb organic pollutants and carbon dioxide. Those pollutants are categorized as A) Stock pollutants. B) Fund pollutants. C) Local pollutants. D) Global pollutants. Show Answer Correct Answer: B) Fund pollutants. 3. Environmental quality is almost the same as in the case of public goods, the characteristics of public goods are? A) Nonrival in consumption-nonexcludable. B) Rival in consumption-Excludable. C) Unexpected consumption and exclusion. D) All true. Show Answer Correct Answer: A) Nonrival in consumption-nonexcludable. 4. Global Climate Change-A major difference between the Nordhaus and Stern analyses of climate change is ..... A) The probability of increases in hurricanes and other storms. B) Assumptions about the change in agricultural productivity. C) The choice of the value of a human life. D) The choice of the discount rate. E) The estimate of the spread of tropical diseases. Show Answer Correct Answer: D) The choice of the discount rate. 5. A market model that is suitable for analyzing environmental problems is A) Monopoly market. B) Free market. C) Hypothetical market. D) All true. Show Answer Correct Answer: C) Hypothetical market. 6. Which of the following is true about the Environmental Kuznets Curve? A) It is 'L' shaped. B) It is 'U' shaped. C) It is 'Inverse U' shaped. D) It is 'Inverse L' shaped. Show Answer Correct Answer: C) It is 'Inverse U' shaped. 7. During a school project, Patrick and Jaden are trying to understand the concept of influencing an elected official to support a specific interest. What is this effort called? A) Green tax. B) Non-market value. C) Lobbying. D) Market failure. Show Answer Correct Answer: C) Lobbying. 8. The 2nd period of Environmental Policy dealt mainly with problems associated with ..... A) Westward expansion. B) Illegal parking. C) Illegal National forests. D) Illegal National Parks. Show Answer Correct Answer: A) Westward expansion. 9. In making environmental policies, government interacts with A) Organizations. B) Businesses. C) Citizens. D) All of the above. Show Answer Correct Answer: D) All of the above. 10. What is the total amount of a good or service available for purchase? A) Producer. B) Consumer. C) Demand. D) Supply. Show Answer Correct Answer: D) Supply. 11. A study of how people make decisions about resources by weighing costs and benefits A) Environmenal Science. B) Economics. C) Chemistry. D) Physiology. Show Answer Correct Answer: B) Economics. 12. Under a system of riparian water rights, rights to use water ..... A) Are separate from the ownership of land. B) Are owned by those owning adjacent land. C) Are freely traded in water markets. D) Are allocated according to its most highly-valued uses. E) Are based on who moved to an area first. Show Answer Correct Answer: B) Are owned by those owning adjacent land. 13. In the United States, the strength of environmental policy is constant from state to state. A) True. B) False. Show Answer Correct Answer: B) False. 14. Which of the following are the primary causes of water pollution? A) Animals. B) Plants. C) Human activities. D) None of the above. Show Answer Correct Answer: C) Human activities. 15. Environmental surplus happens when A) Environmental inputs are similar to that environmental pollution. B) Environmental inputs are smaller than that environmental pollution. C) Environmental inputs are larger than that environmental pollution. D) None above. Show Answer Correct Answer: C) Environmental inputs are larger than that environmental pollution. 16. With the cap-and-trade approach to environmental policy, a government body sets rules and threatens punishment for violations. A) True. B) False. Show Answer Correct Answer: B) False. 17. It has been suggested that replacing the GDP with the ..... would take into consideration the environmental and societal issues A) GDB. B) GSI. C) GPI. D) GEE. Show Answer Correct Answer: C) GPI. 18. What major entity of the U.S. government has the chief responsibility for overseeing environmental regulations? A) Environmental Impact Statement. B) Environmental Protection Agency. C) National Park Service. D) Supreme Court. Show Answer Correct Answer: B) Environmental Protection Agency. 19. One way government can motivate industries who are trying to cut pollution is A) Have expensive fines for polluting. B) Close down factories that pollute. C) Help them develop new technologies that cut pollution. D) Help them ship their factory overseas. Show Answer Correct Answer: C) Help them develop new technologies that cut pollution. 20. The pollutant where environment has little or no absorptive capacity to recycle waste is A) Fund pollutants. B) Stock pollutants. C) Local pollutants. D) Global pollutants. Show Answer Correct Answer: B) Stock pollutants. ← PreviousNext →Related QuizzesEconomics QuizzesEnvironmental Economics Quiz 1Environmental Economics Quiz 2Environmental Economics Quiz 3Environmental Economics Quiz 4Environmental Economics Quiz 5Environmental Economics Quiz 6Environmental Economics Quiz 7Environmental Economics Quiz 8Environmental Economics Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books