One of the areas Macroeconomics deals with is

Were the results of the U.S. tariff increase on imported small Japanese truck imports consistent with the predictions of the model of a tariff applied to a good exported by a foreign monopoly?

a. No; the imports of trucks declined from 1980 to 2000. b. Yes; the rise in market price was less than the tariff imposed, implying that Japanese producers lowered their prices to maintain market share. c. Yes; but trucks and SUVs became indistinguishable, and a number of conclusions can be drawn. d. No clear conclusions can be drawn.

In 2009 the average unemployment rate in U.S. averaged

a. 4.6 percent. b. 5.4 percent. c. 7.2 percent. d. 9.3 percent.