2019 Economy - Inequality, Economic Power

On the basis of the above passage, the following assumptions have been made :1. Economic power is the only reason for the existence of inequality in a society.2. Inequality of different kinds, income, wealth, etc. reinforces power.3. Economic power can be analysed more through its effects than by direct empirical methods.Which of the above assumptions is/are valid?

• 1 and 2 only
• 3 only
• 1 and 3 only
• 1, 2 and 3