Toll Brothers a residential home builder did well during therecession in 2001 bu

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Toll Brothers a residential home builder did well during therecession in 2001 but did not do so well in 2007 after the housingbubble burst. The reason for this isA. the Fed raised interest rates in 2001 but did not believe thatcutting the interest rate in 2007 would be enough to revive thehousing market.B. the Fed lowered interest rates in 2001 but did not believe thatcutting the interest rate in 2007 would be enough to revive thehousing market.C. the Fed raised interest rates in 2001 but lowered interest ratesin 2007 to revive the housing market.D. the Fed lowered interest rates in 2001 but raised interest ratesin 2007 to help fight inflation.

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