Which of the Following Statements About the Environment and Environmental

question 46

Multiple Choice

Which of the following statements about the environment and environmental protection is MOST accurate?

• A)Pollution on Ohio's Cuyahoga River was so bad that the river caught on fire in 1969.
• B)Before the 1970s, the federal government had pursued no measures to protect the environment.
• C)Environmental protections established in the 1970s have failed to prevent rising levels of pollution.
• D)Although environmental protections established in the 1970s have prevented pollution levels from rising, they have failed to reduce pollution levels significantly.
• E)Since an initial flurry of legislation in the 1970s, Congress has passed no new environmental legislation.

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Definitions:

Total Utility

The total satisfaction received from consuming a certain amount or combination of goods and services.

Money Income

The total amount of monetary earnings or receipts received by an individual or household from various sources before taxes.

Utility-Maximizing

Utility-maximizing is a principle in economics where individuals or entities choose the options that provide the highest satisfaction or utility from the available choices, given their preferences and constraints.

Substitute Goods

Products or services that can be used in place of each other. When the price of one falls, the demand for the other product falls; conversely, when the price of one product rises, the demand for the other product rises.