06.02 What are Externalities Quiz (Economics) – Flashcards
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The state of Florida funds a program to recruit outstanding scholars and researchers to reduce pollutants in the Everglades and restore endangered species. Over time, area residents benefit from cleaner water resources, as well as from a thriving and unique ecosystem. Which of the following represent free riders in this example?
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Area residents
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Which of the following would most likely constitute a negative externality affecting free resources?
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Groundwater pollution
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"Fracking" is hydraulic fracturing, or an alternative method of drilling to obtain natural gas deposits. The federal government institutes a new energy policy that includes funding for fracking initiatives in eligible states. Which of the following would be a negative externality?
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Using the fracking method may pollute the water.
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Which would be a negative externality of increased satellite usage worldwide?
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Space in Earth orbit will become cluttered with hazardous debris.
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Sundar is preparing a research paper and has included the map above. His topic has to address negative externalities related to natural resources. Sundar is most likely writing a paper with which of the following titles?
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Humanity Spreads: Air Pollution and Deforestation