Which of the Following Explanations About the Financial Impact of Biodiversity

question 39

Multiple Choice

Which of the following explanations about the financial impact of biodiversity on the economy is not correct?

• A) Protecting biodiversity prevents damage to farms due to the alleviation of flooding and siltation problems.
• B) Many communities are utilizing biodiversity to assist in wastewater treatment, both lowering costs and protecting the environment in the process.
• C) Loss of biodiversity in many areas of the world has led to increases in local and global average temperatures global warming).
• D) Protecting biodiversity has decreased the amount of freshwater available to human populations because of the "sponge effect."
• E) Protecting biodiversity has led to new industries in ecotourism, adding billions of dollars to the economy annually.

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Definitions:

Stock Options

Stock options grant the holder the right, but not the obligation, to buy or sell a company's stock at a predetermined price before a specified date.

Articles Of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation, outlining its management structure, purpose, and other fundamental details.

Double Taxation

A situation where the same income is taxed twice, typically once at the corporate level and again when distributed to shareholders as dividends.

Company Management

The group of individuals responsible for making major decisions, overseeing operations, and managing the resources and strategy of a company.