Which Statement(s) Is/are TRUE? I

Multiple Choice

Which statement(s) is/are TRUE? I. Politicians are more likely to use expansionary policies financed by deficit spending rather than taxation.
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