Please answer the following questions throughly:

1.How should we address the shortage of physicians in the future (list solutions)?

2.Surgical specialists earn more than general/family practice physicians. Which of the following statements is not true regarding this income differential?

a)Surgeons earn more because their practice costs, including medical malpractice insurance is higher

b)Surgeons earn more to compensate them for the extra years spent as residents

c)Physicians incomes are determined to a large extent by supply and demand conditions with respect to each specialty

d)Surgeons will always earn more than general practitioners because their license gives them the option to charge higher pirces.

e)Surgeons earn more than general practitioners because surgery requires a set of skills that is not widely available

3.The rate of return on an investment in medical education

a)is inversely related to the length of time spent in formal schooling

b)is inversely related to income.

c)will increase with an increase in the availability of student loans

d)is much higher than the rate of return on an undergraduate business degree

e)is inversely related to the number of years in the profession