Multiple Choice
A recession has crippled the national economy,producing a high rate of unemployment.Which of the following would be a microeconomic decision?
A) Congress decides to institute a tax cut and encourage consumer spending.
B) The United States negotiates a new trade agreement with Japan,hoping to bolster exports.
C) The federal government extends the duration of unemployment benefits.
D) A Congresswoman decides to delay the purchase of a new car.
E) The Federal Reserve lowers interest rates in an effort to stimulate business activity.
Correct Answer:

Verified
Correct Answer:
Verified
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