In each of the question below is given a statement and followed by two arguments/assumptions numbered I and II. Consider the arguments/assumptions and decide which is correct.

Statement : Government has made home loans cheaper.

Assumption I : More people are likely to take home loans.

Assumption II : Price of houses will come down.

1
Only assumption I is implicit
2
Only assumption II is implicit
3
Both assumptions are implicit
4
Neither assumption I nor II is implicit

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