Environmental economics

Ecological economics

Natural resource economics

All of the above

Pollution

Climate change

Deforestation

All of the above

A situation in which a shared resource is overused because individuals act in their own self-interest

A situation in which a resource is underused because individuals are afraid of overusing it

A situation in which a resource is used efficiently because individuals are able to negotiate a mutually beneficial agreement

None of the above

A theorem that states that externalities can be eliminated through bargaining between the parties involved

A theorem that states that externalities are always harmful

A theorem that states that externalities are always beneficial

None of the above

Weak sustainability allows for the depletion of natural resources as long as the total stock of capital (natural and man-made) is maintained, while strong sustainability requires that the stock of natural resources be maintained intact

Weak sustainability requires that the stock of natural resources be maintained intact, while strong sustainability allows for the depletion of natural resources as long as the total stock of capital (natural and man-made) is maintained

Weak sustainability allows for the depletion of natural resources as long as the total stock of natural capital is maintained, while strong sustainability requires that the stock of natural capital be maintained intact

Weak sustainability requires that the stock of natural capital be maintained intact, while strong sustainability allows for the depletion of natural resources as long as the total stock of natural capital is maintained

A curve that shows the relationship between economic growth and environmental degradation

A curve that shows the relationship between economic growth and social inequality

A curve that shows the relationship between economic growth and technological progress

None of the above

The hypothesis that environmental degradation will eventually decrease as economic growth increases

The hypothesis that environmental degradation will eventually increase as economic growth increases

The hypothesis that environmental degradation will remain constant as economic growth increases

None of the above

A report that assessed the economic costs of climate change

A report that assessed the environmental costs of climate change

A report that assessed the social costs of climate change

All of the above

A tax on the emission of carbon dioxide

A tax on the consumption of fossil fuels

A tax on the production of fossil fuels

All of the above

A system that limits the total amount of greenhouse gases that can be emitted

A system that allows companies to trade permits to emit greenhouse gases

A system that taxes companies for their emissions of greenhouse gases

All of the above

A proposal for a large-scale investment in renewable energy and green infrastructure

A proposal for a carbon tax

A proposal for a cap-and-trade system

None of the above

An international agreement to limit global warming to 2 degrees Celsius

An international agreement to limit global warming to 1.5 degrees Celsius

An international agreement to reduce greenhouse gas emissions by 50% by 2050

None of the above

To identify the costs and benefits of different environmental policies

To design policies that will achieve environmental goals at the lowest cost

To educate the public about environmental issues

All of the above

The difficulty of measuring the costs and benefits of environmental policies

The political difficulty of implementing environmental policies

The lack of public awareness about environmental issues

All of the above

The development of new technologies that can reduce environmental impacts

The increasing awareness of environmental issues among the public

The growing demand for sustainable products and services

All of the above