The Environmental Kuznets Curve Shows

question 11

Multiple Choice

The environmental Kuznets curve shows:

• A) a direct relationship between the emission of carbon dioxide and marginal private costs.
• B) a negative relationship between the level of pollution and the demand for a product.
• C) a u-shaped relationship between consumer income and the demand for environmentally friendly goods.
• D) an n-shaped relationship between production of greenhouse gases and real GDP per

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Definitions:

Mass Production

The manufacture of large quantities of standardized products, often using assembly line or automation technologies.

Production Possibilities

The different quantities of goods and services an economy can produce when all its resources are fully and efficiently utilized.

Opportunity Cost

The expense incurred by not choosing the second-best option available during decision-making.

Farmer

An individual engaged in agricultural activities, involved in the cultivation of crops or the raising of livestock.