Voluntary Recycling Is Available in Many Parts of the Country

question 185

Multiple Choice

Voluntary recycling is available in many parts of the country. If citizens of these areas have collected recyclable material at home, they can bring it to a recycling center. These materials reduce landfill space, reduce the need for virgin material extraction, and provide an inexpensive input in many production processes. The information in this question suggests what about areas without voluntary recycling?

• A) Externalities exist.
• B) There is mandatory recycling.
• C) Raw materials are less expensive.
• D) The cost of production is higher.
• E) Nothing.

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Definitions:

International Monetary Fund

An international organization that aims to foster global monetary cooperation and financial stability.

World Bank

Organization established by industrialized nations to lend money to less-developed countries.

Financial Crisis

A situation where the value of financial institutions or assets drops significantly and is often accompanied by panic in the financial markets and a lack of liquidity.

Quotas

Limits set on the quantity of a product that can be imported or exported during a given timeframe, used as a trade policy tool.