Which of the Following Statements Is an Example of an Economic

Multiple Choice

Which of the following statements is an example of an economic trend?

A) The Federal Reserve announces that it will decrease the interest rate charged to banks.
B) Congress passes legislation that increases the tax rate on corporations.
C) A new computer chip is developed that will allow for miniaturization of many electronic devices.
D) The European Union declares an increase in tariffs on all agricultural goods.