6) If the exchange rate changes from $ 0.5 = QAR 1 to $ 0.33 = QAR 1 if: A) The value of the dollar has risen. B) The value of the Qatari Riyal...

6) If the exchange rate changes from $ 0.5 = QAR 1 to $ 0.33 = QAR 1 if:

A) The value of the dollar has risen.

B) The value of the Qatari Riyal decreased.

C) The value of the Qatari Riyal has not changed.

D) The value of the dollar declined.

7) defines the total demand curve as

A) An inverse (negative) relationship between the interest rate and the real product

B) Positive (positive) relationship between the general level of prices and real output

C) An inverse (negative) relationship between the general level of prices and real output

D) Positive (positive) relationship between interest rate and real output

8) Long-term supply curve

A) Turns from bottom to top where there is a positive (positive) relationship between the level of real output and the price level

B) Top-down, indicating an inverse relationship between price level and real output

C) be parallel to the vertical axis where there is no relationship between the price level and the real output

D) be parallel to the horizontal axis where there is no relationship between the level of prices and real output

9) Macroeconomic balance in the long term when

A) The aggregate demand curve intersects the short-term aggregate supply curve

B) The aggregate demand curve intersects the long-term aggregate supply curve

C) The short-term aggregate supply curve intersects the long-term aggregate supply curve

D) The aggregate demand curve intersects the short-term aggregate supply curve at a point on the long-term aggregate supply curve

10) In the short term, the overall supply decreases with total demand remaining stable

A) Lower both real output and general price level

B) The decline in real output and the increase in the general price level

C) Increase both the real output and the general price level

D) Increase real output and decrease the general level of prices