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

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

1. What are properties of a typical indifference curve? (Choose TWO.)

A) Indifference curves do not cross.
B) Higher indifference curves are preferred to lower ones.
C) Indifference curves can intersect.
D) Indifference curves slope upward.

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

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

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

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

4. The benefit attributed to firms that enter a market before other firms in the same market segment is best described by which term?

A) First-mover advantage
B) Late-mover advantage
C) Economies of scope
D) Competitive neutrality

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

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

Solutions: