Read the following.<br>Unions demand high wages to counter inflationary pressures on the economic conditions of the working class. Higher wages enhance the purchasing power of the workers, there by raising inflation.<br>Which of the following inferences are wrong?<br>1. Unions have the sole purpose of improving the economic conditions of workers.<br>2. Enhanced wages increase the purchasing power of workers.<br>3. Inflation and purchasing power are negatively correlated.<br>4. Inflation drives unions to go for demanding higher wages.

Correct Answer: Only 3