The "Moral Hazard" Problem Refers to __________

question 55

Multiple Choice

The "moral hazard" problem refers to __________.

• A)the fact that older citizens in the U.S. are unwilling to allow tax dollars go to improving the educational system
• B)existing federal programs that actually create the kinds of problems that they are designed to eliminate
• C)decisions that elected officials must make to control migration into the U.S.
• D)environmental problems that are caused by urban growth

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Definitions:

Polluter

An entity (individual, company, or other organization) that releases pollutants into the environment, causing pollution.

Pollution

The introduction of contaminants into the natural environment that cause adverse change, affecting air, water, and soil quality.

Life Cycle Assessment (LCA)

A technique used to assess the environmental impacts associated with all the stages of a product's life from raw material extraction through materials processing, manufacture, distribution, use, repair and maintenance, and disposal or recycling.

Cradle to Grave

Considering all stages of a product's life cycle, from raw material extraction (cradle) to disposal or recycling (grave).