Economics 415 clicker questions

1. Economics 415clicker questions Chapter 6 – Question Set #2

2. Michael Porter, in the Porter hypothesis argues that stricter environmental policy will • increase costs and decrease efficiency in production. • decrease costs and improve efficiency in production. • place the United States at a comparative disadvantage in the production of goods and services relative to its international trading partners. • allow the United States to overcome the constraints placed on production by limited waste disposal sites. 0 of 27

3. As per capita income increases in an economy, since environmental quality is a normal good • the demand for environmental quality will fall. • there will be no change in the demand for environmental quality. • the demand for environmental quality will rise. • the demand for pollution generating goods and services will increase. 0 of 27

4. If the impacts of pollution are cumulative, then the rise in income in an economy • may not lead to a rise in environmental quality. • may lead to a rise in pollution . • may lead to a rise in environmental quality. • all of the above. 0 of 27

5. The Environmental Kuznets Curve (EKC) argues that _____________ have little impact on the environment but as an economy continues to grow the quality of the environment will __________ and then ___________. • high income economies; fall; rise. • low income economies; fall; rise. • low income economies; rise; fall. • high income economies; rise; fall. 0 of 27