Correct option is A
Option (a) is the correct answer.
Explanation:
· "Keeping up with the Joneses" refers to trying to match one’s lifestyle and possessions to those of one's neighbors or peers, often leading to financial stress or debt.
· Conclusion ii) directly relates to the highlighted phrase as it mentions the result of living beyond means, which leads to debt.
· Conclusion i talks about employees and employers, unrelated to the idea of "keeping up with the Joneses".
· Conclusion iii talks about respect and wisdom, which is again not related to material competition.
Thus, only
conclusion ii) correctly follows.