Question

Which of the following is an example of economic policy?

Question 1 options:

The president sending the military to intervene in a conflict in Iraq


The Fed lowering the interest rate during a recession


Legalized gay marriage across all 50 states


Restrictions on voting for felons

Answer 1

The Fed lowering the interest rate during a recession

Step-by-step explanation:

Economic policies include all the decisions taken by the government related to taxation and the redistribution or the supply of money.

An example of economic policy is "The Fed lowering the interest rate during a recession" as it involves the decision taken by the government of reducing interest rate due to a decline in general economic activity.

Hence, the correct answer is "The Fed lowering the interest rate during a recession".