* ? )) 29%4 Thu 14:09 AM Q O Health_Econ_test2 821 (2) Home Layout Share Comments Insert Draw Design References Mailings >> 9 Tell me Times New... * 11 " A" A" AB to BIUvbX X A DAY Styles Styles Dictate Paste Pane 4. If doctors make more money than lawyers, does that mean that they are getting a better return on their investment? Explain your answer using the concept of the internal rate of return. (7 points) 5. Suppose that society consists of three cities (A, B, and C), with populations of 40,000, 20,000, and 10,000 people, respectively. a. Suppose that this society has a total of 7 doctors. How many doctors will live in each city? (7 points) b. If the number of doctors, doubles how many will live in each city? (7 points) 6. This question has to do with the RAND Health Insurance Experiment. a. What were the two main research questions the RAND experiment was trying to answer? (7 points) b. What key feature of the RAND experiment made it different from the previous research in this area? Explain why that is important in a couple of sentences. (7 points) c. Summarize the most important results of the RAND study in a couple of sentences (7 points) Page 2 of 2 631 words English (United States) Focus + 165% A P Q Q & W X