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

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

1. Which characteristic is attributed to totalitarianism?

A) It gives citizens the right to elect representatives to govern on their behalf.
B) It contains some political risk, but risk that is qualitatively lower than in other political systems.
C) It delegates absolute political control over the population to one person or party.
D) It prizes an individual ' s right to freedom of expression and organization.

2. Which factors increase a country's currency exchange value? Choose two answers.

A) Political unrest
B) A fall in population
C) A rise in inflation
D) A fall in productivity
E) A rise in productivity
F) A rise in the interest rate

3. Direct exports have which advantage?

A) Lower transportation costs
B) Full control over foreign distribution
C) Capitalization of economies of scale in production in the home country
D) Elimination of exchange rate risk

4. What are characteristics of monopolistic competition? (Choose THREE.)

A) Free entry and exit
B) Many sellers
C) Product differentiation
D) Homogeneous products
E) One seller

5. Which statement about consumer surplus is true?

A) It represents government revenue
B) It measures the well-being of sellers
C) It measures total production efficiency
D) It is a good measure of economic well-being if policymakers want to satisfy buyers' preferences

Solutions: