Question

A Game Theory Model of Two Relevant Questions concerning Climate Change Question 2 (2 answers) Will humans act to climate change contributions? YES NO Question 1 (2 answers) Is there a climate change YES affect occurring as a result of human production processes? NO Grid 1: A Game Theory Model of Two Questions Concerning Climate Change 126. Consider the information in Grid 1, a game theory model of two climate change questions. Based on current physical science knowledge about climate change, if climate change is NOT resulting from human production AND humans do NOT act to reduce their climate change chemical contributions, what is the most likely result? A. No short run costs, no long run effects B. Short run costs of addressing climate change, no long term benefit C. Short run costs of fixing climate change process, long term benefit D. Rising short run costs, potentially catastrophic long term consequences 127. Consider the information in Grid 1, a game theory model of two climate change questions. If people on Earth decide to apply the "minimax principle" to the issue of climate change, which box(es) in the grid show the choice people make? A. Box A D. Box D B. Box B E. Box A and Box C C. Box C 128. Which of the following is NOT typically considered a positive outcome of rapid economic growth? A. rise in the average standard of living B. improved quality of life for those who have fallen below the poverty line C. rising income inequality D. some improvement in product quality associated with new technologies E. increase in freedom for many to do and be that which they value 129. Which of the following is NOT typically considered a drawback of rapid economic growth? A. underemployment generated by new technology that replaces labor B. rise in average standard of living C. breakdown in community D. fewer choices of lifestyles in non-growth promoting sectors of economy E. rising income inequality 130. Which of the following issue related to rapid economic growth is most emphasized by someone ascribing to the Marxian paradigm? A. Environmental problems B. Rising standard of living C. Increased capabilities D. Longer hours, lower pay, harsh work conditions E. Improved product quality associated with new technology

Answer 1

126 (D)

reason it will cost to environment and it will rise short run cost and it will have long run consequences.

127 (B)

according to this option produciton will take place but climate chage will not be severe.

128(C)

reason rise in income inequality is negative outcome of rapid economic growth.

129 (B)

Reason rise in average standard of living is not a drawback of rapid economic growth.

130 (D)

according to marx , The value of labor is itself the amount of labor it takes to produce the food and other necessities consumed by the worker and the worker's family