Microeconomics Milestone 4.docx - You passed this Milestone...

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You passed this Milestone19 questions were answered correctly.1 question was answered incorrectly.1What is contingent valuation as it relates to alternative methods forestimating the value of environmental regulations?Using the change in property values in response to a change in pollution to provide an estimate of the cost of pollutionComparing how much it costs to clean waste sites to the cost of regulationLinking the amount of pollution to healthcare costs to estimate the cost of regulationMultiplying the amount of people who are willing to pay for trips to natural resources by the number of citizens to construct an estimate on the value of environmental goodsCONCEPTAssessing Costs of Waste and Pollution--Environmental Economics2Choose the example below that is a coincidence indicator.Weekly jobless claimsLaffer CurveConsumer confidence indexUnemployment rateCONCEPTCoincident Indicators3Which of the following situations has revealed the level of influence that investors have in defining public company behavior?
Investors becoming increasingly aware of the immediacy related to climate change mitigation activitiesInvestor vigilance regarding compensation for CEOsThe US not signing the Kyoto ProtocolIncreasing awareness of the holistic connection between social sustainability, investment returns and climate changeCONCEPTSustainable Returns--Investor Impact4Which of the following best describes externalities?The result of information failure and hamper cost-benefit analysisThe result of politicians acting as utility maximizersThird party costs or benefits that skew the correct market equilibriumAn example of a moral hazardCONCEPTDetails on Regulatory Intervention and Market Failure5

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