Understanding the core message regarding fiscal discipline

Statement 1 states that fiscal policies are "solely responsible" for high prices. The passage discusses a failure of policy alignment between fiscal and monetary instruments , never declaring one single instrument uniquely to blame for inflation.

Statement 2 makes a specific declaration about "long-term government bonds". Bonds are a completely unmentioned financial asset class in this reading selection. The text focuses on debt-service metrics and public borrowing generally[cite: 1010, 1011], without analyzing specific bond durations.

Answer: (d).