Which Statement Correctly Describes an Anti-Inflationary Monetary Policy

Multiple Choice

Which statement correctly describes an anti-inflationary monetary policy?

A) The Bank of Canada's recent buying of government bonds is stimulating the housing sector.
B) The Bank of Canada's recent moves to lower interest rates are behind the recent depreciation of the Canadian dollar.
C) The Bank of Canada's recent moves to raise the overnight rate are leading to less lending and less consumer spending.
D) The Bank of Canada's recent sales of government bonds are stimulating the housing sector.
E) The Bank of Canada's recent moves to decrease the value of the Canadian dollar are leading to more spending in the economy.