In Its Reaction to Financial Crises in October 1987 and August

In its reaction to financial crises in October 1987 and August 1998,the Fed

A) did nothing, allowing natural market forces to correct the conditions.
B) decreased the money supply while promoting an increase in demand to strengthen prices.
C) created and expanded the duties of the Long-Term Capital Management Corporation to oversee foreign lending.
D) ensured that adequate liquidity was available to minimize the real impact of these shocks.
E) raised interest rates to encourage more people to save rather than speculate with their money.