Which of the Following Statements Best Describes Monetary Policy During

Multiple Choice

Which of the following statements best describes monetary policy during the Great Recession?

A) During the wake of the Great Recession,there were significant expansionary monetary policy interventions.
B) During the wake of the Great Recession,there were significant contractionary monetary policy interventions.
C) During the wake of the Great Recession,there was a lack of monetary policy interventions.
D) Monetary policy during the Great Recession was completely unexpected.
E) Monetary policy during the Great Recession had no impact in the short run.