When housing prices climb too quickly, the Federal Reserve often responds by raising the key interest rate, which has the curious effect of actually lowering housing prices instead of raise them, as one might expect.

a)which has the curious effect of actually lowering housing prices instead of raise them

b)an action that has the curious effect of actually lowering housing prices rather than raising them

c)which has the curious effect of actually lowering housing prices instead of raising them

d)which rather than raising housing prices actually has the curious effect of lowering them

e)an action that has the curious effect of actually lowering housing prices instead of raise them