Nonconventional Monetary Policy Attempts to Reduce Financial Frictions by ________

Multiple Choice

Nonconventional monetary policy attempts to reduce financial frictions by ________.

A) correcting the shortage of liquidity that has made it costly for businesses to invest
B) purchasing long-term assets,which raises their price and reduces the credit spread
C) reducing the expected future short-term interest rate
D) all of the above
E) none of the above