Read the passage below and identify which of the following statements (I, II, and II

• I would weaken the assertion made. Select the correct combination from the options provided. Passage: Despite a sharp rise in the cost of living, the national economy appears to be remarkably resilient. Major retail chains have reported record-breaking revenue this quarter, and luxury travel bookings have reached an all-time high. This suggests that consumer purchasing power remains robust and that the average household has successfully buffered itself against inflationary pressures. Which of the following, if true, would weaken the argument made in the above passage? I. Recent data shows that household savings accounts have reached their lowest levels in a decade as consumers use their reserves to pay for basic necessities. II. A significant portion of the reported retail revenue growth is attributed to the increased prices of goods rather than an increase in the actual volume of items sold. III. Employment figures in the service sector have shown a steady increase, leading to a more competitive job market for entry-level workers.