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

Multiple Choice

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 responsible for studying the economy in terms of goods and services, 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