Which of the following statements is correct?

Question

Quizplus · Accepted Answer

The statement that best represents the Canadian health care system is that, due to government expenditure limits, there is often an excess demand for health services. This is because the government sets a fixed budget for health care spending, which can lead to longer wait times and limited access to certain services. Option A is incorrect as there is a limit to government-funded health care. Option B is incorrect as excess supply is unlikely due to the fixed budget. Option D is incorrect as Canadians tend to pay lower prices for health care compared to the US.

Which of the Following Statements Is Correct