The fact that people with higher incomes get to consume more goods and services addresses the ________ part of one of the two big economic questions

Refer to Figure 9.9. Now suppose an import quota of 3000 trucks is imposed. The quota will make total consumer surplus equal to

A) $25,000. B) $13,125,000. C) $40,000,000. D) $62,500,000. E) $75,625,000.

Economist Steve Landsburg has pointed out that Ebenezer Scrooge's change in behavior from miser to spender might actually be detrimental to the economy because

A) Scrooge's miserly saving helped contribute to the production of investment goods rather than consumption goods. B) Scrooge was happiest when he was saving money, and happiness is the key to economic growth. C) saving has to be greater than consumption for the economy to grow. D) Scrooge's consumption habits were more detrimental to the environment than were his earlier saving habits.