Statement: Let us increase the taxes to cover the deficit.Assumptions: The present taxes are very low. Deficit in a budget is not desirable. If the taxes are not increased, the deficit cannot be met.

Statement: Let us increase the taxes to cover the deficit.Assumptions

1.	Statement: Let us increase the taxes to cover the deficit.Assumptions: The present taxes are very low. Deficit in a budget is not desirable. If the taxes are not increased, the deficit cannot be met.
A.	Only I and II are implicit
B.	Only II and III are implicit
C.	Only I and III are implicit
D.	All are implicit
E.	None of these
Answer» C. Only I and III are implicit

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Statement: Let us increase the taxes to cover the deficit.Assumptions: The present taxes are very low. Deficit in a budget is not desirable. If the taxes are not increased, the deficit cannot be met.

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