Many environmental resources are public goods, which are characterized by ?

Related Mcqs:

Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?

A. markets distortions B. defective economic policies C. inadequate property D. the expansion of capitalism...

Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

A. I and III only B. II and III only C. I, II and III only D. I, II , III only IV...

According to Coase’s theorem when property rights are well defined and legally enforceable and transactions costs are not prohibitive ?

A. population growth leads to rigid land rights B. participants will organize their transactions C. violence displacement erosion and poverty are minimized D. individuals overuse of the biosphere is curtailed...

If nominal GDP in 2005 exceeds nominal GDP in 2004, then the production of output ?

A. must have fallen B. must have risen C. must have stayed the same D. may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output...

Gross Domestic Product can be measured as the sum of ?

A. final goods and services intermediate goods, transfer payments, and rent B. consumption investment government purchases and net exports C. consumption transfer payments. wages and profits. D. Net National Product Gross National Product, and Disposable personal income E. investment wages profits and intermediate production...