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

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

Question 1

Which statement about the GDP deflator is true?

A. It follows a nearly strict decreasing pattern from a base year.
B. It includes fewer core economic measurements than GDP.
C. It is a more reliable indicator of economic well-being than real GDP.
D. Its percentage change from one year to the next is the inflation rate.

Question 2

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 demand curve shifts to the left
D. The aggregate supply curve shifts to the left

Question 3

What is the definition of globalization?

A. The achievement of a one-world market for goods and services
B. The development of custom products for each segment of a population
C. The close integration of countries and peoples of the world
D. The spread of regulatory influence to a greater pool of subjects

Question 4

Which good tends to have elastic demand?

A. A good with close substitutes
B. A good with few complements
C. A good that is tangible
D. A good with many complements

Question 5

What are represented by informal institutions?

A. Rules
B. Written laws
C. Ethics
D. Regulations

Solutions: