The Wall Street Journal Weekly Quiz s9

The Wall Street Journal Education Program Weekly Review & Quiz Covering front-page articles from Aug 26 – Sept 1, 2006 Answer Key Fall 2006 Developed by: Scott R. Homan Ph.D., Purdue University

1. Large-scale litigation against single products, known as "______" are on the wane. a. total torts b. Lemon Laws c. Keyers d. mass torts Correct

2. Companies involved in many of the largest and most controversial legal clashes of recent decades are seeing ______in the number of lawsuits filed against them. a. a sharp decline Correct b. a sharp increase c. a small decline d. a small increase

3. ______is the second-fastest growing form of advertising. a. “Pop-up” advertising b. Indoor advertising c. Outdoor advertising Correct d. Wordless

4. A new advertising plan for the Underground in London includes a. glueless posters b. light boxes and flat-panel-television screens c. projectors on the ceiling which could beam ads directly onto the walls d. All of the above Correct

5. On India's northwest coast near Pakistan, Mr. Ambani is building the world's largest refinery complex. When it's finished, he plans to load 40% of the fuel it turns out onto huge tankers for a 9,000-mile trip to______. a. China b. America Correct c. Saudi Arabia d. Mexico

6. The potential for oil refineries abroad is so strong that ______, is investing in Mr. Ambani's project rather than try to build a new refinery at home. a. Exxon b. BP c. Chevron Correct

7. According to NPD Group, 56% of laptops sold to consumers in the first quarter of this year were bought in a store, up from ____ two years ago. a.10% b. 25% c. 50% Correct d. 75%

8. People looking for a new home computer are increasingly turning to _____PC’s. a. expensive desktop gaming b. Tivo like c. cheap desktop d. laptop Correct

9. Long-neglected, ______is becoming a sought-after market for business. a. school breakfast Correct b. after school dinners c. after school snacking d. formal school day teatime

10. The U.S. Department of Agriculture reports that in 2004, ______children lived in households that didn't have enough resources to purchase an adequate, balanced diet throughout the year. a. 1.1 million b. 1.9 million c. 10.0 million d. 13.9 million Correct

11. A Wall Street Journal/NBC News poll in June, buttressed by other polls since, suggested Democrats have gained significant ground. It gave them a three-point advantage on the question of which party can best deal with ______. a. Iraq Correct b. Iran c. North Korea d. China

12. Two-thirds of Americans disapprove of Mr. Bush's handling of ______policy. a. energy b. foreign Correct c. agricultural d. technology

13. The first textbooks in American schools -- primers and spellers -- came from____. a. teacher unions b. Greece c. the church

14. Chinese jobseekers often prefer to arrange interviews via ______. a. cellphone text messages Correct b. email c. WWW calendar programs d. face to face meetings with a recruiters secretary

15. A redevelopment project at the city's storied Kai Tak airport will feature a. apartments as small as 88 square feet b. a concrete jungle that traps pollutants c. four public parks and a waterfront promenade Correct d. airplanes making turns so close the passengers can watch TV in the apartments below

16. MyNetworkTV, a new broadcast network that will feature a novel format for mainstream U.S. television is different because a. it has prime-time soap operas that air six nights a week for limited runs. b. it is highly sophisticated c. it is buying telenovela scripts from Mexico, Cuba and other Spanish-speaking countries and translating them into English d. Both a and c Correct

17. Sales at teen specialty shops _____ since 2000 to $11 billion last year, pushed by strong sales and rapid expansion by retail companies, according to Piper Jaffray analyst Jeff Klinefelter. a. doubled b. tripled Correct c. quardrupled d. rebounded

18. One of the biggest shifts by insurers in recent years has been the virtual disappearance of ______coverage, which promised to rebuild a home exactly the way it was, no matter the cost. a. liability b. "extended replacement cost" c. "guaranteed replacement cost" Correct d. “replacement value”

19. ______are among the first to feel it when the economy shifts. a. taxi drivers b. bus drivers c. flight attendants d. truckers Correct

20. Assessments of the job market are pretty robust; fewer than _____ of those surveyed said jobs are now hard to get, about the way workers saw the world in 1997. a. 50%

21. It generally is _____ in the commodities markets to have an informational jump on others -- and to profit from that information. a. illegal b. legal Correct c. rude d. immoral

22. Unusual trading in a relatively new corner of the _____ market illustrates how the rise of increasingly sophisticated financial instruments is potentially outpacing the ability of regulators to police them. a. stolen credit cards b. agricultural commodities c. NASDAQ d. bond Correct

23. Although real-estate downturns typically trigger concerns about rising delinquencies and defaults on existing mortgages, the more pressing worry in the industry right now is that a slowdown in demand for new loans will ______. a. trim bank jobs b. displace real estate agents c. lower interest rates d. cut into earnings Correct

24. To increase your personal security you should a. use your social security number as often as possible for identification purposes. b. suggest an alternative when you are asked to divulge your Social Security number for identification purposes Correct c. use the last four digits of your Social Security number as your online password d. not request an alternate number for your driver’s license ID number

25. In cases of financial swindling of elderly relatives, some warning signs include a. a lifestyle change for the elderly relative or the caregiver b. the family member is cut off from others and phone calls are screened c. eager discussions about changing a will, deed or beneficiary designation on financial accounts and insurance policies d. All of the above Correct

26. People who want to open email from patent attorney Andrew Currier have to ______. a. answer a predetermined question Correct b. sign nondisclosure agreements c. buy special hardware d. install virus software that he controls