Q 1 Which of the following best describes why pollution exists in the environmen
ID: 2439947 • Letter: Q
Question
Q 1 Which of the following best describes why pollution exists in the environment?
Select one:
a. All materials take a very long time to recycle in the environment
b. The environment's capacity to recycle exceeds the rate of waste disposal
c. No waste can be completely recycled
d. Recycling processes fail to prevent wastes from accumulating in the environment
e. The environment has no capacity to recycle waste
Question 2
Ending discrimination against minority groups in educational processes and in employment situations would cause GDP to
Select one:
a. fall because of the increased costs of training.
b. fall since trained minority workers would knock some of the present workers out of their jobs.
c. rise because of an increase in the quality and productivity of the labor force.
d. rise because minority groups would consume more goods and services.
e. none of the choices.
Q 3: Refer to the graph below:
Which of the following government actions will move the market equilibrium to the socially optimal number of years of education?
Select one:
a. A tax on education equal to $1,000
b. A tuition subsidy equal to $3,000
c. A tuition subsidy equal to $1,000
d. Government provision of all education
e. A tax on education equal to $3,000
Q 4: Refer to the graph below:
This firm produces a product that creates pollution that is discharged into the water. Given that the firm's demand and supply curves are D and S, respectively, which curve is the MSC curve for the polluting firm's product?
Select one:
a. D
b. S
c. X1
d. X2
e. None of the above
Explanation / Answer
1. b.The environment's capacity to recycle exceeds the rate of waste disposal.
2. d. rise because minority groups would consume more goods and services.
3. c. A tuition subsidy equal to $1,000
4. c. X1
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