During 2008-2013, the Fed Initiated Several Rounds of "Quantitative Easing

Multiple Choice

During 2008-2013, the Fed initiated several rounds of "quantitative easing."  Under this policy, the Fed

A) increased its purchases of financial assets and thereby injected additional reserves into the banking system.
B) increased its purchases of financial assets, which reduced the reserves available to the banking system.
C) reduced its purchases of financial assets and thereby injected additional reserves into the banking system.
D) reduced its purchases of financial assets and thereby reduced the quantity of reserves available to the banking system.