Environmental Economics 4th Canadian Edition by Barry C Field – Test Bank
Environmental Economics is an important field of study that focuses on the application of economic principles to the management of natural resources and the environment. The 4th Canadian Edition of Environmental Economics by Barry C. Field is a comprehensive and authoritative text that covers a wide range of topics in this field.
The accompanying Test Bank for this textbook is an essential resource for instructors who are teaching this subject. The Test Bank includes a wide range of questions, including multiple choice, true/false, and short answer questions. The questions are designed to test the students’ understanding of key concepts and theories covered in the textbook.
The Test Bank is organized by chapter, with each chapter containing a variety of questions that cover the main topics and themes discussed in that chapter. The questions are designed to challenge students and to help them develop a deeper understanding of the material.
In addition to the Test Bank, the instructor resources for this textbook also include lecture slides, an instructor’s manual, and other helpful materials that can be used to enhance the learning experience for students.
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Student: ___________________________________________________________________________
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1. |
A(n) ________ in the economic world is something that leads people to channel their production and consumption efforts in a specific direction. A. moral obligation B. economic incentive C. property right D. ethical motive |
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2. |
Any economic system will produce destructive environmental impacts if the ________ within the system are not structured to avoid them. A. ethics B. prices C. property rights D. incentives |
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3. |
A small coastal community with the power to control access to its scallop fishery is an example of ________. A. common property rights B. private property rights C. an open access resource D. a positive externality |
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4. |
A common pasture on which anyone is allowed to freely graze sheep or cattle is an example of ________. A. private property rights B. an open access resource C. common property rights D. community property rights |
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5. |
The ________ level of pollution can be negotiated privately based on property rights when only a few parties are involved and the source, amount and type of pollution is clearly identifiable. A. cost-effective B. zero-emissions C. fair D. socially efficient |
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