Prior to formulating its annual budget, the government of the Asian country of Florenesia employs a number of individuals to look into the overall productivity of the country. These individuals are also responsible for studying and revising some of the taxation policies and gauging the employment rate. Given this information, these individuals are studying _____.
A) heterodox economics
B) managerial economics
C) microeconomics
D) macroeconomics

Question

Quizplus · Accepted Answer

These individuals are studying macroeconomics, as they are looking into the overall productivity of the country, taxation policies, and employment rate, which are all aspects of the economy as a whole.

Prior to Formulating Its Annual Budget, the Government of the Asian