Environmental Economics Quiz Explore key concepts like externality, Tragedy of the Commons, sustainable development, cap and trade, market failures, and international agreements in environmental economics.
#1
A farmer using organic fertilizers on their crops
A factory emitting pollution into the air and water
A city investing in renewable energy sources
An individual recycling their household waste
#2
A situation where individuals overuse and deplete shared environmental resources
A market failure caused by inadequate regulation
A scenario where private interests align perfectly with public interests
A condition where pollution levels are efficiently managed by the government
#3
Cost-benefit analysis
Gini coefficient
Pareto efficiency
Marginal utility
#4
Economic growth at the expense of environmental degradation
Meeting the needs of the present without compromising the ability of future generations to meet their own needs
Exploitation of natural resources without considering long-term consequences
Maximizing profits without regard for social welfare
#5
Private goods are non-excludable while public goods are excludable
Private goods are rivalrous while public goods are non-rivalrous
Private goods are both rivalrous and excludable while public goods are neither
Private goods are provided by the government while public goods are provided by private firms
#6
Gross Domestic Product (GDP)
Net Present Value (NPV)
Gross National Happiness (GNH)
Total Economic Value (TEV)
#7
Subsidies
Taxes
Price ceilings
Minimum wage laws
#8
A system where companies can buy and sell permits to emit pollutants
Government-imposed limits on the total amount of pollution that can be emitted
A tax levied on carbon emissions
A method of calculating the social cost of pollution
#9
Environmental degradation continuously worsens as income levels rise
There is an inverted U-shaped relationship between environmental degradation and income levels
Higher income levels lead to greater environmental conservation efforts
Environmental concerns are irrelevant in economic development
#10
It prioritizes short-term gains over long-term sustainability
It encourages conservation by reducing the value of future benefits
It has no impact on environmental policy
It emphasizes the importance of immediate action to address environmental issues
#11
Neoclassical economics
Sustainable development theory
Environmental economics
Ecological economics
Sign In to view more questions.
Quiz Questions with Answers Forget wasting time on incorrect answers. We deliver the straight-up correct options, along with clear explanations that solidify your understanding.
Popular Quizzes in Environmental Economics Popular Quizzes in Economics Type Subject mismatch Topic mismatch Unrelated quiz title Unrelated question Mistake in question statement Incorrect answer Other
Submit Cancel