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Select the INCORRECT statement from the ...

Select the INCORRECT statement from the following.

A

US `"$"` 33 trillion a year is the price tag given to ecosystem services

B

The global gross national product is nearly half of the price tag given to ecosystem services .

C

Of the total of various ecosystem services , the soil formation accounts for about 50 per cent .

D

The cost of climate regulation and habitat for wildlife are about 6 percent together.

Text Solution

AI Generated Solution

The correct Answer is:
To solve the question of selecting the INCORRECT statement regarding ecosystem services, we will analyze each statement based on the information provided in the video transcript. ### Step-by-Step Solution: 1. **Understanding the Context**: The question revolves around ecosystem services and their economic valuation as discussed by Robert Costanza and his colleagues. They have estimated the value of these services to be around US dollar 33 trillion annually. 2. **Evaluating the Statements**: - **Statement 1**: "U.S. dollar 33 trillion a year is the price tag given to the ecosystem services." - **Evaluation**: This statement is true as it directly reflects the information given in the transcript. - **Statement 2**: "The global gross national product (GNP) is about U.S. dollar 18 trillion." - **Evaluation**: This statement is also true, as it is mentioned that the GNP is valued at US dollar 18 trillion. - **Statement 3**: "The GNP is nearly half of the price tag given to the ecosystem services." - **Evaluation**: This statement is true because US dollar 18 trillion is approximately half of US dollar 33 trillion. - **Statement 4**: "The cost of climate regulation and habitat for wildlife are about 6 percent each." - **Evaluation**: This statement is incorrect. The transcript indicates that the cost of climate regulation and habitat for wildlife is about 6 percent of the total value, but it does not specify that each is 6 percent. This misinterpretation makes the statement incorrect. 3. **Conclusion**: Based on the evaluations, the incorrect statement is Statement 4. ### Final Answer: The incorrect statement is: "The cost of climate regulation and habitat for wildlife are about 6 percent each." ---
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