Economics · Economy
Consider the following statements regarding food inflation trends: Statement I: General food inflation uniformly ensures that all food items become cheaper on a year-on-year basis. Statement II: Cold waves and seasonal disruptions during winter always guarantee that winter vegetables are cheaper than the previous year. In light of the above statements, choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement I and Statement II are true.
- 2Both Statement I and Statement II are false.✓
- 3Statement I is true but Statement II is false.
- 4Statement I is false but Statement II is true.
Correct answer
Both Statement I and Statement II are false.
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