Which of the following statements is an example of a political/legal trend?
A) The Federal Reserve announces that it will decrease the interest rate charged to banks.
B) Congress passes legislation that increases the tax rates 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.

Question

Quizplus · Accepted Answer

Congress passing legislation to increase tax rates on corporations is an example of a political/legal trend as it involves a change in laws and regulations related to business and taxation. The other options (A, C, and D) are related to economic or technological trends, not political/legal ones.

Which of the Following Statements Is an Example of a Political/legal