Which of the Following Was the Result of the Federal

Multiple Choice

Which of the following was the result of the Federal Reserve's purchase of mortgage-backed securities in 2009?

A) MBS interest rates declined, home mortgage rates declined, and the Fed turned a profit on these operations.
B) MBS interest rates declined, home mortgage rates declined, but the Fed had a loss on these operations.
C) MBS interest rates increased, home mortgage rates declined, and the Fed turned a profit on these operations.
D) MBS interest rates increased, home mortgage rates increased, but the Fed had a loss on these operations.