The Defensive and Offensive Actions of the Fed Differ Because

Multiple Choice

The defensive and offensive actions of the Fed differ because offensive actions are designed to:

A) tighten monetary policy and defensive actions are designed to ease monetary policy.
B) ease monetary policy and defensive actions are designed to tighten monetary policy.
C) change the current monetary policy while defensive actions are designed to reinforce the current monetary policy.
D) reinforce the current monetary policy while defensive actions are designed to change the current monetary policy.