The Highest Paid Medical Doctors are in the Dakotas. Why?

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According to the Washington Post, there is an interesting phenomenon about the location of the highest paid medical doctors.

Questions:

  1. What is the average income of medical doctors in their prime earning years?
  2. In comparison, what is the average income of attorneys in their prime earning years?
  3. What is the one word that helps explain the unusual geographic trend explained in this article?
  4. What do Medicaid and Medicare have to do with this trend?
  5. What do the distribution of residencies have to do with this trend?
  6. What did you find to be the most interesting about this article and the trends explained?

Source:

Van Dam, A. (2023). The real reason the highest-paid doctors are in the Dakotas. The Washington Post, Aug. 11 (Retrievable online at https://www.washingtonpost.com/business/2023/08/11/doctor-pay-geography/)