Which of the Following Statements Is (Are) True? I

Multiple Choice

Which of the following statements is (are) true? I. Politicians are more likely to use expansionary policies financed by deficit spending.
II) A public choice economist would argue that politicians are more likely to develop expansionary fiscal policy that maintains a balanced budget.
III) James Buchanan argued that using deficits to finance expansionary fiscal policies shifts government costs from future generations to present generations.

A) I only
B) II only
C) III only
D) I, II, and III.