Nonconventional Monetary Policy Attempts to Reduce Financial Frictions by ________

Multiple Choice

Nonconventional monetary policy attempts to reduce financial frictions by ________.

A) reversing the expansion of the central bank's balance sheet that has made it costly for businesses to invest
B) purchasing short-term assets,which raises their price and reduces the credit spread
C) increasing the expected future short-term interest rate
D) all of the above
E) none of the above