Micro Final Exam Study Guide

Approximately how many workers are employed in the U.S. health care industry?

12 million

In the quintile distribution of income, the term "quintile" represents

20 percent of the income receivers

In the United States, approximately how many doctors are there per 100,000 population?

245

The U.S. Census Bureau estimates that from 2000 to 2009, the net inflow of illegal immigrants was about

250,000 annually

The lowest quintile of households in the income distribution (as of 2014) receives about

3.1 percent of the total income

In 2007, approximately what percentage of people in the United States with private health insurance received it as an employer-provided benefit?

88

In 2014, a household with an annual income of $75,000 would find itself in the

fourth quintile of the household income distribution.

In 2014, the average income for households in the United States was about

$68,426.

About ________ of recent annual labor force growth in the United States is the result of immigration.

one-half

About ________ of recent annual population growth in the United States is the result of immigration

one-third

In 2013, the greatest number of legal immigrants arriving in the United States came from

Mexico and China

Economic immigrants

are defined as international migrants motivated by economic gain.

Employer-provided private health insurance began in the United States because

during World War II, wage and price controls forced employers to use nonwage forms of compensation to attract workers.

Employer-provided private health insurance

is unique to the United States and not typically found in other countries.

In 2014, a household with an annual income of $23,000 would find itself in the

second lowest quintile of the household income distribution