Modern economics does not differentiate between renewable and non-renewable materials, as its method is to measures everything by means of a money price. Thus, taking various alternatives fuels, like coal, oil, wood or water power: the only difference between them recognised by modern economics is relative cost per equivalent unit. The cheapest is automatically the one to be preferred, as to do otherwise would be irrational and 'uneconomic'.
From a Buddhist point of view of course this will not do, the essential difference between non-renewable fuels like coal and oil on the one hand and renewable fuels like wood and water power on the other cannot be simply overlooked. Non-renewable goods must be used only if they are indespensible, and then only with the greatest care and the highest concern for conservation. To use them carelessly or extravagantly is an act of violence, and while complete non-violence may not be possible on earth, it is nonetheless the duty of man to aim at deal of non-violence in all he does.
The Buddhist economist's attitude implies that fuels like coal and oil must be used only if
there is a plentiful supply
wood and water can be dispensed with
the relative cost of each is than of wood and water
there is no alternative fuel available
Correct answer is D
No explanation has been provided for this answer.
Modern economics does not differentiate between renewable and non-renewable materials, as its method is to measures everything by means of a money price. Thus, taking various alternatives fuels, like coal, oil, wood or water power: the only difference between them recognised by modern economics is relative cost per equivalent unit. The cheapest is automatically the one to be preferred, as to do otherwise would be irrational and 'uneconomic'.
From a Buddhist point of view of course this will not do, the essential difference between non-renewable fuels like coal and oil on the one hand and renewable fuels like wood and water power on the other cannot be simply overlooked. Non-renewable goods must be used only if they are indespensible, and then only with the greatest care and the highest concern for conservation. To use them carelessly or extravagantly is an act of violence, and while complete non-violence may not be possible on earth, it is nonetheless the duty of man to aim at deal of non-violence in all he does.
a cheap, a renewable
an irrational, an essential
an expensive, a non-renewable
a rational, an unessential
Correct answer is C
No explanation has been provided for this answer.
Modern economics does not differentiate between renewable and non-renewable materials, as its method is to measures everything by means of a money price. Thus, taking various alternatives fuels, like coal, oil, wood or water power: the only difference between them recognised by modern economics is relative cost per equivalent unit. The cheapest is automatically the one to be preferred, as to do otherwise would be irrational and 'uneconomic'.
From a Buddhist point of view of course this will not do, the essential difference between non-renewable fuels like coal and oil on the one hand and renewable fuels like wood and water power on the other cannot be simply overlooked. Non-renewable goods must be used only if they are indespensible, and then only with the greatest care and the highest concern for conservation. To use them carelessly or extravagantly is an act of violence, and while complete non-violence may not be possible on earth, it is nonetheless the duty of man to aim at deal of non-violence in all he does.
In this passage the author is trying to
differentiate between renewable and non-renewable materials
show that the modern economist is only concerned with costs
underline the need for conserving natural resources
different between two economic philosophies
Correct answer is D
No explanation has been provided for this answer.
Modern economics does not differentiate between renewable and non-renewable materials, as its method is to measures everything by means of a money price. Thus, taking various alternatives fuels, like coal, oil, wood or water power: the only difference between them recognised by modern economics is relative cost per equivalent unit. The cheapest is automatically the one to be preferred, as to do otherwise would be irrational and 'uneconomic'.
From a Buddhist point of view of course this will not do, the essential difference between non-renewable fuels like coal and oil on the one hand and renewable fuels like wood and water power on the other cannot be simply overlooked. Non-renewable goods must be used only if they are indespensible, and then only with the greatest care and the highest concern for conservation. To use them carelessly or extravagantly is an act of violence, and while complete non-violence may not be possible on earth, it is nonetheless the duty of man to aim at deal of non-violence in all he does.
According to the passage, Buddhist economists are not in favour of
measuring everything in terms of money
using non-renewable sources
economic development
applying non-violence to every sphere of life
Correct answer is B
No explanation has been provided for this answer.
Modern economics does not differentiate between renewable and non-renewable materials, as its method is to measures everything by means of a money price. Thus, taking various alternatives fuels, like coal, oil, wood or water power: the only difference between them recognised by modern economics is relative cost per equivalent unit. The cheapest is automatically the one to be preferred, as to do otherwise would be irrational and 'uneconomic'.
From a Buddhist point of view of course this will not do, the essential difference between non-renewable fuels like coal and oil on the one hand and renewable fuels like wood and water power on the other cannot be simply overlooked. Non-renewable goods must be used only if they are indespensible, and then only with the greatest care and the highest concern for conservation. To use them carelessly or extravagantly is an act of violence, and while complete non-violence may not be possible on earth, it is nonetheless the duty of man to aim at deal of non-violence in all he does.
Which of the following statements may be assumed to be false from the information in the passage?
Of the above statements
1 and 2 are false
1, 2 and 4 are false
3 and 4 are false
All 1, 2, 3, and 4 are false
Correct answer is B
No explanation has been provided for this answer.