Which statement(s) is/are TRUE? I. People on fixed incomes will not be hurt if the United States monetizes its debt.
II) If the cost of Medicare changes as health care costs increase, it would enhance the government's ability to keep deficits and the national debt under control over the long term.
III) If the United States monetizes its debt, it will result in a weaker dollar if foreigners hold fewer U.S. dollars.

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III) Monetizing the debt often leads to inflation, which can weaken the dollar, especially if foreign demand for the dollar decreases. This is because monetizing debt involves creating more money to finance government spending, which can dilute the value of the currency if not matched by economic growth.

Which Statement(s) Is/are TRUE? I