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WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
| Topic 2: Global Finance and Monetary Systems | 25% | - Balance of Payments and International Monetary System
|
| Topic 3: Foundations of Global Economics | 20% | - Economic Systems and Institutions
|
| Topic 4: Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
| Topic 5: International Trade Theory and Policy | 25% | - Classical and Modern Trade Theories
|
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. What is a tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business?
A) Opportunity cost
B) Factor endowment
C) Antidumping duty
D) Deadweight cost
2. Which protection of intellectual property is used for the design of a logo?
A) Copyright
B) Trade secret
C) Trademark
D) Patent
3. Which statement about the GDP deflator is true?
A) It follows a nearly strict decreasing pattern from a base year.
B) It is a more reliable indicator of economic well-being than real GDP.
C) It includes fewer core economic measurements than GDP.
D) Its percentage change from one year to the next is the inflation rate.
4. How does the Federal Reserve lower the federal funds rate?
A) By purchasing government bonds
B) By selling government bonds
C) By raising reserve requirements
D) By increasing taxes
5. When supply increases and demand stays the same, what happens to the equilibrium point of price and quantity?
A) Price remains the same
B) Price increases
C) Quantity decreases
D) Quantity increases
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: D |
