- Which welfare term describes welfare programs that restrict benefits by some demographic characteristic?in-kind welfarecategorical welfaremeans-tested welfarenon-hedonic welfare
- Which is a moral hazard associated with transferring money from high-income to low-income groups?- Individuals may reduce their labor supply to qualify for the means-tested transfers.- The taxation of higher-income individuals may cause them to work less hard.- The taxation of higher-income individuals may cause them to save less.- The administrative costs of the transfer are high.
- The two main obstacles that stand in the way of effect government action to control pollution are
- The two main types of non point water pollution are ___ and ___
- A benefit costs ratio ______ means total benefits exceed total costs, a benefit cost ratio _____ means total costs exeed total benefits. However, benefit cost ratios tell us nothing about whether a proposed policy is _____
- Which criteria air pollutant has proved the most difficult to control
- Absolute levels of water quality have failed to improve much in large measure because
- The ability of punishment levels and detection and condition probability to substitute for one another is what economists call
- The one act of environmental legislation that has an ecological sustainability standards as its goings in the United States is the
- After more than 2 full decades of extensive environmental regulation the record is clearest for
- The _________ estimates a demand curve for a non market good based on the amount of money that people spend to use the resource
- _____ states that people may adopt the status quo as their reference point and demand higher compensation to allow environmental degradation than they are willing to pay for making improvements
- Positional competition generates costs of consumption not borne by the consumer , these are negative ___ externalities
- The EPA is recited to perform benefit cost studies known as________ on any regulation expected to cost 100 million or more
- The_______ hypoythjesis argues that pollution taxes could not only reduce pollution but could also reduce taxes on capital and labor thus making the whole economy operate more efficiently
- The ____ argues that regulation, while imposing short run costs on firms often enhance their long run competive ness
- In the ecological view as opposed to the neo classical view, sustainability requires handling down to future generations-
- The _____ that followed WWII centered around new hybrid forms of wheat, rice, and corn seeds that produced much higher yields than conventional seeds
- The ____ effect is the purchase of expensive goods in order to signal to others that the owner is wealthy IE conspicuous consumption
- The ____ tells us that the wealthiest of a nation are only mildly happier than the poorest of nations