Question 1:

In Canada, hip-replacement operations are financed through the country's medical care system under which medical care is paid for out of general tax revenues rather than fee for service. The queue for hip-replacements is several months long

1. because the actual price of medical services is below free market price.

2. because governments refuses to spend enough on medical care.

3. because too many people have hip replacements.

4. for all of the above reasons.

Choose the option that yields the correct answer.