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WGU Global-Economics-for-Managers Exam Syllabus Topics:

WGU Global Economics for Managers (C211, UZC2) Sample Questions:

1. What is an example of a transaction accounted for in the net exports component of GDP?

A) A person buys a car from a different country.
B) A couple buys a new house.
C) A person buys food.
D) A member of Congress is paid a salary.

2. Which methods does the Federal Reserve use to alter reserve quantities? Choose three answers.

A) Raising inflation
B) Selling stock shares
C) Buying bonds
D) Raising the discount rate
E) Raising income tax rates
F) Selling bonds

3. When is it best for a firm to decrease production?

A) When the price of a unit covers the average variable cost after a short-term stop.
B) When marginal cost is greater than marginal revenue.
C) When total revenue is greater than total cost.
D) When the average variable cost is less than the price of a unit after a short-term stop.

4. What are examples of equity modes of entry? (Choose THREE.)

A) Acquisitions
B) Strategic alliances
C) Greenfield investments
D) Franchising
E) Licensing

5. Which entrant is able to erect significant barriers for other entrants?

A) Contender
B) Dodger
C) Late mover
D) First mover

Solutions: