A recession has crippled the national economy, producing a high rate of unemployment. Which of the following would be a microeconomic decision?

The federal government extends the duration of unemployment benefits.

Congress decides to institute a tax cut and encourage consumer spending.

The United States negotiates a new trade agreement with Japan, hoping to bolster exports.

The Federal Reserve lowers interest rates in an effort to stimulate business activity.

A Congresswoman decides to delay the purchase of a new car.