INTERVIEW QUESTIONS COMMON PROFICIENCY TEST (CPT) INTRODUCTION TO MICRO ECONOMICS DETAILS

Question: A study of how increase in the corporate income tax rate will affect the natural unemployment rate is an example of: a)Macro Economics b)Descriptive Economics b)Micro Economics d)Normative Economics

Answer: a)Macro Economics
Description:
Macro economics study the economy as a whole. Therefore,increase in corporate income tax rate and its effect on unemployment is at macro level.

a)Macro Economics
Description:
Macro economics study the economy as a whole. Therefore,increase in corporate income tax rate and its effect on unemployment is at macro level. Source: CoolInterview.com

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