Refer to Figure 18-1. Europe suffers a recession. Assuming all else remains constant, this would be represented as a movement from

Resource demand has grown over time:

A. because of population growth only. B. because of increased consumption per person only. C. because of both increased population and greater consumption per person. D. despite decreases in population and consumption per person.

An efficient allocation of resources exists if

A. one group of people can get more of the things they want without someone else having to give up anything. B. no one can get more of the things he or she wants without someone else having to give up something. C. the economy operates at any point under the production possibilities frontier. D. the economy is operating at any point above the production possibilities frontier.