Legislation to protect red cockaded woodpeckers created incentives that

Legislation to protect red cockaded woodpeckers

  • Green River College
  • ECON 202
  • Test Prep
  • yuneehahm
  • 272
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154.Legislation to protect red-cockaded woodpeckers created incentives that resulted in premature harvesting of trees the woodpeckers like to nest in. This is an example of which of the following? a.Association is not causation.b.the fallacy of compositionc.the use of ceteris paribus conditions in economic analysisd.Good intentions do not always lead to desirable outcomes.ANS:DPTS:1DIF:ModerateNAT:BUSPROG: AnalyticSTA:DISC: Scarcity, tradeoffs, and opportunity costTOP:Pitfalls to Avoid in Economic ThinkingKEY:Bloom's: Application 155.Your friend notices that U.S. auto production and U.S. population growth have moved together over several decades. He reasons that one way to slow population growth is for the government to order the auto makers to cut back on production. You gently point out to him that he 156."As soon as I announced my 'get tough on crime' policy, criminals got scared and the crime rate went down." Suppose that the lower crime rate was actually caused by freezing cold temperatures in January--it was just too cold for anybody to be out robbing other people. Which fundamental economicmistake did the politician make? 157.A student noted that the football team won by a larger margin when the third-string played more minutes. Therefore, he recommended that the third-stringers become the first team. His conclusion wasprobably erroneous because he
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