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

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

1. What happens when the Federal Reserve increases the money supply?

A) The aggregate supply curve shifts to the right
B) The aggregate demand curve shifts to the right
C) The aggregate supply curve shifts to the left
D) The aggregate demand curve shifts to the left

2. What is one characteristic of a market surplus?

A) There is upward pressure on price
B) Price is below equilibrium
C) Quantity supplied exceeds quantity demanded
D) Quantity demanded exceeds quantity supplied

3. What is the most basic way for nonfinancial companies to adjust to fluctuations of the foreign exchange market?

A) Currency hedging
B) Rate locks
C) Forward transactions
D) Invoicing customers in the company's currency

4. What measures how the quantity demanded of one good responds to a change in the price of another good?

A) Quantity elasticity of demand
B) Equilibrium elasticity of demand
C) Cross-price elasticity of demand
D) Price elasticity of demand

5. Which transaction is included in the consumption component of GDP?

A) A person pays for a haircut
B) A government builds a highway
C) A firm purchases new machinery
D) A company exports automobiles

Solutions: