A federal program aimed at retraining the unemployed workers of the declining auto and steel industries is designed to reduce which type of unemployment?

Improvements in technology will shift the production possibilities curve outward.

a. true b. false

During the last four decades, the share of health-care expenditures paid for by third parties (either the government or insurance companies)

a. has remained relatively constant. b. fell from approximately 60 percent in 1960 to 30 percent in 2007. c. increased from approximately 45 percent in 1960 to over 85 percent in 2007. d. declined during the 15 years following the passage of Medicare but has been increasing since 1980.