A study of how increases in the corporate income tax rate

QUESTION
Q9) A study of how increases in the corporate income tax rate will affect the national unemployment rate is an example of

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Solution:
A study of how increases in the corporate income tax rate will affect the national unemployment rate is an example of macro-economics.
Macroeconomics is concerned with the study of the economy as a whole, including issues such as inflation, economic growth, and unemployment.
Microeconomics, on the other hand, is concerned with the study of individual economic agents such as households and firms and how they interact in markets.
Descriptive economics involves describing economic phenomena without making value judgments, while normative economics involves making value judgments about what ought to be done in the economy.
Correct option is (a)

Chapter 1 Unit II questions