Given below are the two statements, one labelled as Assertion (AS) and the other labelled as Reason (R). Select your answer from the codes given below:Assertion (AS): Annual growth rate of population in developed nations is much lower than in developing nations.Reason(R): Economic development results in reduction in birth rate.Codes:

• A. Both (AS) and (R) are correct and (R) explains (AS).
• B. Both (AS) and (R) are correct, but (R) does not explain (AS).
• C. (AS) is true, but (R) is false.
• D. (AS) is false, but (R) is true.