Final answer:
The 'Pirate Nation' at East Carolina University represents a subculture as it is a distinct group within the larger college student culture, making the statement true.
Step-by-step explanation:
The 'Pirate Nation', or student life at East Carolina University, is indeed an example of a subculture, which aligns with the definition that a subculture is a smaller cultural group within a larger culture. Members of the Pirate Nation are part of the larger culture of college students but also share a specific identity that is unique to East Carolina University. Therefore, to the question of whether the 'Pirate Nation' embodies a subculture or microculture, the answer is true.