Monetary policy undertaken by the Fed:
A. is considered passive policy making when it targets the interest rate.
B. is considered active policy making when it adjusts the money supply.
C. is considered passive policy because only fiscal policy can be active policy.
D. can be either passive or active policy depending on the reason it is undertaking its action.

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?