When the Government Finances a Deficit by Selling Its Securities

When the government finances a deficit by selling its securities to the Fed

A) it will have a smaller inflationary impact than if it sells securities to households and firms.
B) interest rates will rise by greater amounts than if these securities are sold to households and firms.
C) it is spared having to pay interest on the borrowed money, reducing borrowing costs.
D) there will be increases in the money supply, aggregate demand, and price level.
E) the value of these securities are not counted as part of the national debt because they are held by a government agency.