Global-Economics-for-Managers Study Tool & Global-Economics-for-Managers Valid Exam Questions

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

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

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WGU Global-Economics-for-Managers Valid Exam Questions, Free Global-Economics-for-Managers Updates

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WGU Global Economics for Managers (C211, UZC2) Sample Questions (Q72-Q77):

NEW QUESTION # 72
Which factors increase a country's currency exchange value? Choose two answers.

Answer: A,D

Explanation:
A country's currency exchange value tends to rise when economic conditions increase demand for that currency. Option A is correct because higher productivity improves competitiveness, lowers relative production costs, and can increase foreign demand for the country's goods and currency. Option B is also correct because higher interest rates can attract foreign capital seeking better returns, increasing demand for the domestic currency. A fall in productivity weakens competitiveness and can reduce currency value. A rise in inflation usually depreciates a currency because purchasing power falls. Political unrest also weakens investor confidence and can trigger capital flight. A fall in population does not automatically increase exchange value and may weaken long-term growth expectations. Therefore, productivity gains and higher interest rates are the best answers.


NEW QUESTION # 73
What happens when the Federal Reserve increases the money supply?

Answer: B

Explanation:
InGlobal Economics for Managers, an increase in the money supply leads to arightward shift of the aggregate demand (AD) curve, making option B correct.
An expanded money supply lowers interest rates, encouraging borrowing and spending by households and firms. Consumption and investment rise, increasing total demand for goods and services at every price level.
Options C and D involve supply-side changes, not monetary policy effects.
Thus, option B correctly describes the macroeconomic impact of an increased money supply.


NEW QUESTION # 74
What are examples of variable costs? Choose two answers.

Answer: D,F

Explanation:
Variable costs change as output changes. Option A is correct because a tax charged on variable inputs increases as the firm uses more inputs to produce more output. Option E is also correct because the cost of parts used in individual devices rises directly with the number of devices produced. If the manufacturer produces more computers, it must buy more parts; if production falls, parts costs fall. The other choices are fixed costs because they generally do not vary directly with the quantity produced in the short run. A license fee, CEO salary, rent, and monthly internet service are normally paid regardless of whether output is high or low. Managers must separate fixed and variable costs to make production, pricing, shutdown, and break-even decisions.


NEW QUESTION # 75
When an import tariff is placed on footwear, which quantity increases?

Answer: B

Explanation:
InGlobal Economics for Managers, animport tariffraises the domestic price of the imported good, making producer surplus for domestic producers increase, which makes option B correct.
When a tariff is imposed on imported footwear, foreign suppliers face higher costs, reducing imports.
Domestic producers benefit from reduced competition and higher market prices, allowing them to increase output and earn higher surplus.
Option A is incorrect because imports decrease. Option C is incorrect because higher prices reduce domestic demand. Option D is incorrect because consumer surplus falls due to higher prices and fewer choices.
Tariffs redistribute surplus from consumers to producers and the government, while also creating deadweight loss. Thus, option B is correct.


NEW QUESTION # 76
What is a key feature of an oligopoly?

Answer: B

Explanation:
InGlobal Economics for Managers, oligopolies are often modeled as aprisoner's dilemma, making option B correct.
Firms face incentives to cooperate for mutual gain but also incentives to cheat to maximize individual profit.
This tension explains price rigidity, collusion instability, and strategic behavior.
Other options describe competitive markets or are not universally true.
Thus, option B is correct.


NEW QUESTION # 77
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