WGU Global Economics for Managers (C211, UZC2) : Global-Economics-for-Managers

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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 slope upward.
D) Indifference curves can intersect.

2. Who are the primary and largest participants in the foreign exchange market?

A) Multinational manufacturing firms
B) Central banks
C) Individual currency traders
D) Large international banks

3. An institution-based view of global business focuses on the specific relationship between which two entities?

A) Firms and institutions
B) Customers and firms
C) Customers and institutions
D) Firms and governments

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

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

5. When confronting MNEs, the extender strategy centers on what?

A) Cooperating through joint ventures (JVs) with MNEs and sell-offs to MNEs
B) Leveraging homegrown competencies abroad
C) Leveraging local assets in areas in which MNEs are weak
D) Engaging in rapid learning and then expanding overseas

Solutions: