Consider the following statements w.r.t UBI:1. The economy wide cost of UBI will be 4.9 percent of GDP2. The survey assumes that in practice any program cannot strive for strict universality, so a target quasi-universality rate of 75 percent is set (de facto UBI).Identify the correct statements:

Consider the following statements w.r.t UBI:1. The economy wide cost o

1.	Consider the following statements w.r.t UBI:1. The economy wide cost of UBI will be 4.9 percent of GDP2. The survey assumes that in practice any program cannot strive for strict universality, so a target quasi-universality rate of 75 percent is set (de facto UBI).Identify the correct statements:
A.	1 only
B.	2 only
C.	Both
D.	Neither of the above
Answer» D. Neither of the above