In Actual Practice, Does the Fed Monetize the Debt

Multiple Choice

In actual practice, does the Fed monetize the debt?

A) No, it did not do so even with large deficits in the 1980s and early 2000s.
B) No longer, although it monetized much of the deficit in the 1980s.
C) Yes, although it monetizes less now than in the 1980s.
D) Yes, it has monetized the deficit steadily since the early 1970s.