Multiple Choice Quiz

Please answer all questions


1	A statement about how likely it is that a certain event will occur is called
		A)	probability.
		B)	possibility.
		C)	risk assessment.
		D)	risk analysis.
		E)	none of the above.


2	Cancer causing chemicals are called
		A)	mutagens.
		B)	carcinogens.
		C)	seraphims.
		D)	androgens.
		E)	none of the above.


3	Which of the following does not affect the supply of a particular product?
		A)	how plentiful the raw materials are
		B)	demand for the product
		C)	scarcity of the product
		D)	price of the product
		E)	all of the above affect supply


4	When demand exceeds supply the price of the good or service falls.
		A)	True
		B)	False


5	Which of the following is not an example of a market-based instrument?
		A)	tradable emissions permits
		B)	emission fees, taxes, and charges
		C)	information programs like the Toxic Release Inventory
		D)	deposit-refund programs
		E)	all of the above are examples of market-based instruments


6	Extended product responsibility is a principle for pollution prevention policies that focuses on the entire lifecycle of a product, rather than simply on the facilities where that product is produced.
		A)	True
		B)	False


7	When people try to weigh whether a particular policy is worth the costs, they engage in
		A)	price reductions.
		B)	risk assessment.
		C)	cost-benefit analysis.
		D)	sustainable development.
		E)	none of the above.


8	Determining which costs to factor into an analysis and determining the value of the environment are two problems with using cost-benefit analysis for environmental issues.
		A)	True
		B)	False


9	Two problems facing advocates of sustainable development are the current distribution of wealth worldwide and the fact that we do not factor environmental improvement or decline into the gross national product calculations.
		A)	True
		B)	False


10	In the terminology of economics, polluted air represents what is called
		A)	an external cost.
		B)	an internal demand.
		C)	a profit enhancing strategy.
		D)	habitat destruction.
		E)	none of the above.


11	Pollution prevention costs are costs that result from increased health costs and loss of public resources after a particular area or resource has been polluted.
		A)	True
		B)	False


12	Since the Industrial Revolution the loss of biodiversity has been between 10 and 20 percent, mostly as a result of the loss of habitat.
		A)	True
		B)	False


13	Debt-for-nature exchanges propose that foreign debt be bought at a discount in exchange for a developing country's investment in the conservation or sustainable development of its own resources.
		A)	True
		B)	False

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