Whenever inflation is on the rise, consumption will reduce and savings will increase.
Explanation:
Here, p = Inflation is on the rise. q = consumption reduces. r = savings increase.
Statement: If p, (q and r)
Conclusion 1: p ⇒ (q and r)
Conclusion 2: ~(q and r) ⇒ ~p ∴ ~q or ~r ⇒ ~p
(i) ~q ⇒ ~p (ii) ~r ⇒ ~p
Option (a) corresponds to conclusion 2 and option (c) corresponds to conclusion 2 (ii).
Hence, option (d).
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