Which Statement(s) Is/are TRUE? I

Multiple Choice

Which statement(s) is/are TRUE? I. The decision lag is typically longer than the information lag.
II) Lags associated with the crafting and implementation of discretionary fiscal policy can lead to destabilizing impacts on the economy.
III) Data has been collected, trends identified, and an appropriate discretionary policy has been approved, leaving only the delay related to implementation preventing the policy from having an impact on the economy.

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