Chapter 18 Post Quiz
Protecting the Environment

Matching Questions:

Match the terms on the left with the definition in the column on the right. Enter the lowercase letter of that definition in the box to the left of the question number.

	1. Malthus	a. Goods whose benefits are spread amongst the entire community no matter whether individuals are willing to purchase them.
	2. Pollution per capita	b. Has decreased over the last 100 years.
	3. Pollution per GDP	c. A resource for which there are no substitutes.
	4. Appropriable	d. When firms or consumers can capture its full economic value.
	5. Nonrenewable resources	e. Involves asking people how much they would be willing to pay in a hypothetical situation.
	6. Forest	f. Will first increase as income per capita increases, but will then decrease at higher levels of income per capita.
	7. Essential resource	g. An example of a renewable resource.
	8. Public goods	h. Predicted that the human population would double every generation and would become too large for the available amount of food.
	9. Private goods	i. Essentially fixed in supply or do not regenerate quickly.
	10. Efficiency	j. Requires that the marginal social benefits from pollution abatement equal the marginal social costs of abatement.
	11. Contingent valuation	k. Require that firms pay a tax on their pollution equal to the amount of external damage it causes.
	12. Emissions fees	l. Goods that can be divided and provided separately to different individuals, with no external benefits or costs to others.