Read the statement below followed by two conclusions and decide which of the assumptions is implicit from the statement.
Statement:
The prices of gold and silver have remained unchanged only in Zambia for the past three years.
Assumptions:
I. Gold and silver prices have changed elsewhere in the world during these three years.
II. Before this three-year period, gold and silver were available at a price different from the present rates.
1
Only assumption I is implicit
2
Only assumption II is implicit
3
Either assumption I or II is implicit
4
Neither assumption I nor II is implicit
5
Both assumption I and II are implicit