Chapters 8 & 10
• Depletion of the ozone layer, destruction of the rain forests, and species extinctions all have an impact on:
All of society
• The amount of land and water a human population needs to produce the resources it consumes and to absorb its waste given prevailing technology is called:
Ecological Footprint
• Public policy tools involve a combination of:
incentives and penalties
• Government's role is to create and enforce laws that:
o Balance the relationship between business and society
• Life-cycle analysis involves:
o Collecting information regarding the lifelong environmental impact of a product, from extraction to disposal
• Deregulation has occurred in the following industries:
o Commercial airlines, railroads, and financial institutions
• Reasons for the destruction of rain forests include:
o Commercial logging o Cattle ranching o Conversion of forests to plantation o All the Above
• Past decisions of the courts, the original basis for the US legal system are called:
o Common laws
• Economic regulations:
o Cut across industry lines
• With respect to fresh water, according to one estimate, if it were possible to eliminate pollution, capture all available fresh water, and distribute t equitably:
o Demand would exceed supply within a hundred years
• The idea that companies have a continuing responsibility for the environmental impact of their products or services, even after they are sold is called:
o Extended producer responsibility
• By raising and lowering the interest rate at which private banks borrow money from the govt, the Federal Reserve Bank:
o Influences size of nation's money supply o Influences the value of the dollar o Both A and B, not C
• Why is inequality an environmental problem?
o People in the richest countries consume many natural resources o People in the poorest countries often misuse natural resources o Both A and B, not C
• Rapid economic development is often accompanied by:
o Rising incomes, bringing higher rates of both consumption and waste
• Total social regulation costs are:
o Significantly higher than total economic regulation costs
• Public policy effects are:
o Sometimes intended and sometimes unintended
• Which of the following statements is not true about the population?
o The world population will at over 11 billion people around the year 2100
• Cooperation between business and government often occurs when:
o They encounter a common problem or enemy
• Which of the following countries has not ratified the Kyoto Protocol?
o United States
economic policies include:
fiscal and monetary policies