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

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

1. How does the Federal Reserve lower the federal funds rate?

A) By increasing taxes
B) By raising reserve requirements
C) By purchasing government bonds
D) By selling government bonds

2. Point A is on the same indifference curve as Point B. What can be said about the points?

A) The consumer's preference for bundle A is the same as for bundle B.
B) Point A represents a bundle that costs more than Point B.
C) Point B represents a bundle that costs more than Point A.
D) The consumer prefers bundle A over bundle B.

3. Institutions exist to reduce uncertainty. An institutional framework is made up of two types of systems.
What are the systems? (Choose TWO.)

A) Firm
B) Informal
C) Normative
D) Formal
E) Personal
F) Cognitive

4. What is one of the three primary types of foreign exchange transactions?

A) Spot transactions
B) Forward transactions
C) Arbitrage transactions
D) Hedging transactions

5. What are examples of intellectual property? (Choose TWO.)

A) A subsidy
B) A trademark
C) A tariff
D) A patent

Solutions: