question_answer

Consider the following statements w.r.t UBI:

1. The economy wide cost of UBI will be 4.9 percent of GDP

2. 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