All of the Following Would Strengthen the Endangered Species Act

question 58

Multiple Choice

All of the following would strengthen the Endangered Species Act except

• A) establishing a core of survival habitats for listed species
• B) greatly increasing the funding for carrying out the ESA
• C) making the protection of endangered species on private land voluntary
• D) developing recovery plans for listed species more quickly
• E) emphasizing the protection of biological diversity and ecosystem functioning

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Definitions:

Adverse Selection

A situation in insurance and finance where those most likely to produce negative outcomes are more inclined to select into or engage with a service, typically leading to higher costs for insurers or lenders.

Moral Hazard

The situation in which one party takes additional risks because they know they will not bear the full consequences of their actions.

Adverse Selection

A situation where sellers have more information than buyers, leading to high-quality goods and services being squeezed out of the market because they cannot be adequately priced.

Private Information

Information that some people have, but others do not.