Keynes's Theory Did Not Endorse the Use of Monetary Policy

Multiple Choice

Keynes's theory did not endorse the use of monetary policy during the Great Depression because:

A) at the time, the nominal interest rate was very close to zero.
B) during WWII, the convertibility of the pound sterling into gold was suspended.
C) under the gold standard, the zero bound on nominal interest rates did not exist.
D) monetary expansions were impossible under a gold standard.