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

Section	Objectives
Topic 1: Managerial Economic Decision-Making	- Cost-benefit analysis in business contexts - Risk and uncertainty in global markets
Topic 2: Microeconomics for Managers	- Elasticity and pricing decisions - Market structures and competition - Supply and demand analysis
Topic 3: Macroeconomic Environment	- Fiscal and monetary policy - GDP, inflation, and unemployment
Topic 4: Global Economics	- Global economic institutions and trade policy - Exchange rates and currency systems - International trade and comparative advantage
Topic 5: Foundations of Economics	- Market systems and economic models - Scarcity, opportunity cost, and economic reasoning

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最新的 Courses and Certificates Global-Economics-for-Managers 免費考試真題 (Q42-Q47):

問題 #42
What are key features of an oligopoly? (Choose THREE.)

A. The actions of any one seller can have a large impact on the profits of other sellers.
B. Firms are independent of one another, like competitive firms.
C. There are a few sellers.
D. Firms in an oligopoly are interdependent in ways competitive firms are not.
E. There is little motivation for cooperation between firms.
F. The actions of any one seller have little impact on others' profits.

答案：A,C,D

解題說明：
In Global Economics for Managers , oligopolies are defined by a small number of sellers , interdependence
, and strategic interaction , making options A, B, and C correct.
Option C is foundational: oligopolies consist of only a few dominant firms , unlike perfect or monopolistic competition. Because of this concentration, firms cannot ignore competitors' actions.
Option B highlights interdependence , a defining feature of oligopolies. Firms must consider how rivals will respond to pricing, output, or strategic changes. This leads to behavior such as price leadership, tacit collusion, or strategic rivalry.
Option A follows directly from interdependence. When one firm changes price or output, it can significantly affect market conditions and the profits of competing firms.
Options D and E incorrectly describe competitive markets, where firms are price takers. Option F is incorrect because oligopolies often have strong incentives to cooperate, either explicitly or tacitly, to maintain profitability.
Thus, A, B, and C accurately capture the essential characteristics of an oligopoly.

問題 #43
What is true about gross domestic product (GDP)?

A. It places heavier weight on intangible services than tangible goods.
B. It is thought to be the single best measure of a society's economic well-being.
C. Its year-to-year percentage change represents the inflation rate.
D. It includes the income of citizens working abroad.

答案：B

解題說明：
InGlobal Economics for Managers,gross domestic product (GDP)is widely regarded asthe single best available measure of a society's economic well-being, making option A correct. GDP measures the total market value of all final goods and services produced within a country's borders during a given period.
Although GDP has limitations-it does not account for income distribution, environmental degradation, or non-market activities-it remains the most comprehensive and consistent indicator of economic performance across countries and over time.
Option B is incorrect because inflation is measured by price indices such as the GDP deflator or the consumer price index (CPI), not by GDP growth. Option C is incorrect because GDP values goods and services at market prices without weighting one more heavily than the other. Option D is incorrect because GDP excludes income earned by citizens working abroad; that income is included in gross national income (GNI), not GDP.
Global Economics for Managersemphasizes that GDP is particularly useful for comparing economic output and living standards internationally, especially when adjusted for purchasing power parity.
Thus, option A correctly describes GDP.

問題 #44
What are properties of a typical indifference curve? (Choose TWO.)

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

答案：A,C

解題說明：
InGlobal Economics for Managers, indifference curves have two key properties:higher curves represent higher utility, andcurves do not cross, making options A and C correct.
If curves crossed, preferences would be inconsistent. Higher curves indicate greater satisfaction.
Options B and D violate consumer theory assumptions.
Thus, A and C are correct.

問題 #45
In order to increase the money supply, what does the Federal Reserve do?

A. Buys government bonds from the public
B. Increases reserve requirements
C. Raises the federal funds rate
D. Sells government bonds to the public

答案：A

解題說明：
InGlobal Economics for Managers, the Federal Reserve increases the money supply primarily throughopen market operations, specifically bybuying government bonds from the public, making option C correct.
When the Fed purchases government securities, it pays banks and other sellers by crediting their reserves.
This action increases the amount of reserves in the banking system, enabling banks to extend more loans. As lending expands, the money supply grows through the money multiplier process.
Option A would decrease the money supply. Option B tightens monetary conditions. Option D reduces banks' ability to lend.
Managers should understand this mechanism because changes in the money supply affect interest rates, investment, exchange rates, and aggregate demand. Therefore, option C accurately describes how the Fed increases the money supply.

問題 #46
In which situation is the contender strategy appropriate for responding to multinational enterprises (MNEs)?

A. There is high industry pressure to globalize, and competitive assets are transferable abroad.
B. There is low industry pressure to globalize, and competitive assets are customized to home markets.
C. There is low industry pressure to globalize, and competitive assets are transferable abroad.
D. There is high industry pressure to globalize, and competitive assets are customized to home markets.

答案：D

解題說明：
InGlobal Economics for Managers, thecontender strategyis appropriate whenindustry pressure to globalize is high, but competitive assets are customized to home markets, making option B correct. This strategy is typically adopted by domestic firms facing strong competition from multinational enterprises (MNEs) in industries that are becoming increasingly global.
High pressure to globalize means that firms must compete on an international scale, often due to global customers, standardized products, or strong foreign competitors. However, when a firm's competitive assets- such as brand reputation, customer relationships, distribution networks, or regulatory knowledge-are deeply rooted in the home market, they are not easily transferable abroad. In this situation, the firm cannot immediately expand internationally without losing its competitive advantage.
Under a contender strategy, firms focus ondefending and strengthening their domestic positionwhile gradually upgrading capabilities to prepare for future global competition. This may involve improving efficiency, investing in technology, forming selective alliances, or learning from foreign competitors operating in the home market.
Option A describes conditions suitable for anextender strategy, where firms can leverage transferable assets internationally. Options C and D reflect low pressure to globalize and are more consistent with defender or dodger strategies rather than contender behavior.
Therefore, option B best captures the conditions under which the contender strategy is applied in response to MNE competition.

問題 #47
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