Beginning in 2004, When Foreign Physicians Were No Longer Favored

question 56

Multiple Choice

Beginning in 2004, when foreign physicians were no longer favored with entry to the United States, physicians in the Philippines retrained as nurses so they could immigrate to the United States. Which of the following was a reason behind this?

• A) The Philippines was at war with its neighboring countries and its citizens wanted to escape drafting.
• B) There were no jobs for physicians in the Philippines.
• C) The physicians wanted to be reunited with their families in the United States.
• D) The physicians would earn more as nurses in the United States than as physicians in the Philippines.

---

Definitions:

Demand Schedule

A table that lists the quantity of a good that consumers are willing to purchase at different price levels.

Profit-Maximizing

A strategy or point at which a business operates to achieve the highest possible profit given its production costs and market conditions.

Marginal Revenue

The incremental revenue earned by selling one more unit of a good or service.

Inelastic

Describing demand or supply that is relatively unresponsive to price changes, meaning the percentage change in quantity is less than the percentage change in price.