WGU C211 OA Global Economics Exam|
Questions With Verified Answers |
Latest Update
Which type of market operation does the federal Reserve use to
increase the money supply when it buys bonds from the public in the
nation's bond market? - ANSWER>>Open Market Operation
If the government increases purchases by $10 billion, the aggregate
demand for goods and services could rise by more than $10 billion. What
effect does this illustrate? - ANSWER>>Crowding out effect
Which fiscal polices will result in a rightward shift of the aggregate
demand curve? - ANSWER>>Lowering the reserve requirement
Which two phrases represent the views of globalization? Choose two
answers. - ANSWER>>- A pendulum that swings from one extreme
to another.
- A competition among key financial centers and markets.
What are two trade barriers? - ANSWER>>- Nontariffs
- Tarriffs
What is the effect of tariff on a particular product for the country
imposing the tariff? - ANSWER>>Increases domestic production of the
product.
, Which benefits come to the host country as a result of foreign direct
investment? - ANSWER>>- Creation of domestic jobs
- Domestic resource allocation
Which characteristics of firm resources affects competitive
dynamics? - ANSWER>>Imitability
(capable or worthy of being imitated or copied)
Which characteristic of firm resources affects competitive dynamics,
according to the VRIO framework? - ANSWER>>Rarity
Which theory is the forerunner to modern-day protectionism? -
ANSWER>>Mercantilism
Questions With Verified Answers |
Latest Update
Which type of market operation does the federal Reserve use to
increase the money supply when it buys bonds from the public in the
nation's bond market? - ANSWER>>Open Market Operation
If the government increases purchases by $10 billion, the aggregate
demand for goods and services could rise by more than $10 billion. What
effect does this illustrate? - ANSWER>>Crowding out effect
Which fiscal polices will result in a rightward shift of the aggregate
demand curve? - ANSWER>>Lowering the reserve requirement
Which two phrases represent the views of globalization? Choose two
answers. - ANSWER>>- A pendulum that swings from one extreme
to another.
- A competition among key financial centers and markets.
What are two trade barriers? - ANSWER>>- Nontariffs
- Tarriffs
What is the effect of tariff on a particular product for the country
imposing the tariff? - ANSWER>>Increases domestic production of the
product.
, Which benefits come to the host country as a result of foreign direct
investment? - ANSWER>>- Creation of domestic jobs
- Domestic resource allocation
Which characteristics of firm resources affects competitive
dynamics? - ANSWER>>Imitability
(capable or worthy of being imitated or copied)
Which characteristic of firm resources affects competitive dynamics,
according to the VRIO framework? - ANSWER>>Rarity
Which theory is the forerunner to modern-day protectionism? -
ANSWER>>Mercantilism
