WGU C201 BUSINESS ACUMEN OBJECTIVE
ASSESSMENT Exam QUESTIONS AND
VERIFIED CORRECT ANSWERS GRADED
A+ LATEST 100% GUARANTEED PASS
How does a virtual private network contribute to a firm's workforce productivity? - CORRECT
ANSWER-Employees are enabled to work remotely with secure connectivity to the corporate
network via the internet.
What are three ways cloud computing services enhance company productivity? - CORRECT
ANSWER-Through more efficient application updates
Through better resource utilization
Through greater application availability for remote workers
For which type of communication should employees have an ethical expectation of privacy from
company monitoring? - CORRECT ANSWER-Personal letters sent through the company mail
room
Which activity raises ethical issues heightened by the capabilities of data mining? - CORRECT
ANSWER-Selling customer data for external marketing research
Which intent of spyware creates a company security issue? - CORRECT ANSWER-The intent to
report on a user's Internet activity
True or False: Macroeconomics is the study of small economic units such as households and
individual businesses. - CORRECT ANSWER-False
,Which of the following is true of supply and demand curves? - CORRECT ANSWER-Movement
along the supply curve is the opposite of movement along the demand curve.
In which of the following market structures are there a large numbers of buyers and sellers,
each of whom has some significant control over price? - CORRECT ANSWER-Monopolistic
competition
A few industries in the United States, like transportation, energy, and communications, were
deregulated in the 1980s and 1990s to - CORRECT ANSWER-improve customer service and
reduce prices.
If labor hours increase, the amount of natural resources used remains the same, and output
remains constant, productivity is said to have: - CORRECT ANSWER-decreased.
Core inflation rate is the inflation rate of an economy after ______and______ prices are
removed. - CORRECT ANSWER-energy; food
_____ is formulated by the Federal Reserve System - CORRECT ANSWER-Monetary policy
A(n) _____ reduces the money supply to curb rising prices, overexpansion, and concerns about
overly rapid economic growth. - CORRECT ANSWER-restrictive monetary policy
What are the 4 stages of the business cycle? - CORRECT ANSWER-prosperity, recession,
depression, recovery
Total productivity = ________/_____________ - CORRECT ANSWER-output divided by input
What are the 4 types of unemployment? - CORRECT ANSWER-frictional, seasonal, structural,
cyclical
,The study of the choices people and governments make when allocating scarce resources. -
CORRECT ANSWER-Economics
situation in which total revenues raised by taxes equal the total proposed spending for the year
- CORRECT ANSWER-Balanced Budget
organization's plan for how it will raise and spend money during a given period of time -
CORRECT ANSWER-Budget
a situation in which the government spends more than it raises through taxes - CORRECT
ANSWER-budget deficit
excess funding that occurs when government spends less than the amount of funds raised
through taxes and fees - CORRECT ANSWER-Budget Surplus
Economic System in which all property would be shared equally by the people of a community
under the direction of a strong central government - CORRECT ANSWER-Communism
measurement of the monthly average change in prices of goods and services - CORRECT
ANSWER-Consumer Price Index (CPI)
inflation rate of an economy after energy and food prices are removed - CORRECT ANSWER-
Core Inflation Rate
people who are out of work because of a cyclical contraction in the economy - CORRECT
ANSWER-cyclical unemployment
opposite of inflation, occurs when prices continue to fall - CORRECT ANSWER-Deflation
, the willingness and ability of buyers to purchase a good or service - CORRECT ANSWER-Demand
graph of the amount of a product that buyers will purchase at different prices - CORRECT
ANSWER-Demand Curve
Social science that analyzes the choices people and governments make in allocating scarce
resources - CORRECT ANSWER-Economics
prevailing market price at which you can buy an item - CORRECT ANSWER-equilibrium price
government actions to increase the money supply in an effort to cut the cost of borrowing,
which encourages business decision makers to make new investments, in turn stimulating
employment and economic growth - CORRECT ANSWER-expansionary monetary policy
government spending and taxation decisions designed to control inflation, reduce
unemployment, improve the general welfare of citizens, and encourage economic growth -
CORRECT ANSWER-Fiscal Policy
applies to members of the workforce who are temporarily not working but are looking for jobs -
CORRECT ANSWER-frictional unemployment
the sum of all goods and services produced within a country's boundaries during a specific time
period, such as a year - CORRECT ANSWER-Gross Domestic Product (GDP)
economic situation characterized by soaring prices - CORRECT ANSWER-Hyperinflation
ASSESSMENT Exam QUESTIONS AND
VERIFIED CORRECT ANSWERS GRADED
A+ LATEST 100% GUARANTEED PASS
How does a virtual private network contribute to a firm's workforce productivity? - CORRECT
ANSWER-Employees are enabled to work remotely with secure connectivity to the corporate
network via the internet.
What are three ways cloud computing services enhance company productivity? - CORRECT
ANSWER-Through more efficient application updates
Through better resource utilization
Through greater application availability for remote workers
For which type of communication should employees have an ethical expectation of privacy from
company monitoring? - CORRECT ANSWER-Personal letters sent through the company mail
room
Which activity raises ethical issues heightened by the capabilities of data mining? - CORRECT
ANSWER-Selling customer data for external marketing research
Which intent of spyware creates a company security issue? - CORRECT ANSWER-The intent to
report on a user's Internet activity
True or False: Macroeconomics is the study of small economic units such as households and
individual businesses. - CORRECT ANSWER-False
,Which of the following is true of supply and demand curves? - CORRECT ANSWER-Movement
along the supply curve is the opposite of movement along the demand curve.
In which of the following market structures are there a large numbers of buyers and sellers,
each of whom has some significant control over price? - CORRECT ANSWER-Monopolistic
competition
A few industries in the United States, like transportation, energy, and communications, were
deregulated in the 1980s and 1990s to - CORRECT ANSWER-improve customer service and
reduce prices.
If labor hours increase, the amount of natural resources used remains the same, and output
remains constant, productivity is said to have: - CORRECT ANSWER-decreased.
Core inflation rate is the inflation rate of an economy after ______and______ prices are
removed. - CORRECT ANSWER-energy; food
_____ is formulated by the Federal Reserve System - CORRECT ANSWER-Monetary policy
A(n) _____ reduces the money supply to curb rising prices, overexpansion, and concerns about
overly rapid economic growth. - CORRECT ANSWER-restrictive monetary policy
What are the 4 stages of the business cycle? - CORRECT ANSWER-prosperity, recession,
depression, recovery
Total productivity = ________/_____________ - CORRECT ANSWER-output divided by input
What are the 4 types of unemployment? - CORRECT ANSWER-frictional, seasonal, structural,
cyclical
,The study of the choices people and governments make when allocating scarce resources. -
CORRECT ANSWER-Economics
situation in which total revenues raised by taxes equal the total proposed spending for the year
- CORRECT ANSWER-Balanced Budget
organization's plan for how it will raise and spend money during a given period of time -
CORRECT ANSWER-Budget
a situation in which the government spends more than it raises through taxes - CORRECT
ANSWER-budget deficit
excess funding that occurs when government spends less than the amount of funds raised
through taxes and fees - CORRECT ANSWER-Budget Surplus
Economic System in which all property would be shared equally by the people of a community
under the direction of a strong central government - CORRECT ANSWER-Communism
measurement of the monthly average change in prices of goods and services - CORRECT
ANSWER-Consumer Price Index (CPI)
inflation rate of an economy after energy and food prices are removed - CORRECT ANSWER-
Core Inflation Rate
people who are out of work because of a cyclical contraction in the economy - CORRECT
ANSWER-cyclical unemployment
opposite of inflation, occurs when prices continue to fall - CORRECT ANSWER-Deflation
, the willingness and ability of buyers to purchase a good or service - CORRECT ANSWER-Demand
graph of the amount of a product that buyers will purchase at different prices - CORRECT
ANSWER-Demand Curve
Social science that analyzes the choices people and governments make in allocating scarce
resources - CORRECT ANSWER-Economics
prevailing market price at which you can buy an item - CORRECT ANSWER-equilibrium price
government actions to increase the money supply in an effort to cut the cost of borrowing,
which encourages business decision makers to make new investments, in turn stimulating
employment and economic growth - CORRECT ANSWER-expansionary monetary policy
government spending and taxation decisions designed to control inflation, reduce
unemployment, improve the general welfare of citizens, and encourage economic growth -
CORRECT ANSWER-Fiscal Policy
applies to members of the workforce who are temporarily not working but are looking for jobs -
CORRECT ANSWER-frictional unemployment
the sum of all goods and services produced within a country's boundaries during a specific time
period, such as a year - CORRECT ANSWER-Gross Domestic Product (GDP)
economic situation characterized by soaring prices - CORRECT ANSWER-Hyperinflation
