The Wall Street Journal Weekly Quiz s28

The Wall Street Journal Education Program Weekly Review & Quiz Covering front-page articles from May 12-18, 2007 Quiz Summer 2007 Developed by: Scott R. Homan Ph.D., Purdue University

1. In coming months, accounting-rule makers are planning to unveil a draft plan to rework _____. a. monthly billing statements b. stock holder certificates c. online payments d. financial statements

2. A company that trades at $10 a share, and which has net profit of $1 a share, has a P/E of _____. a. 5 b. 10 c. 20 d. 40

3. ______has been the centerpiece of Mr. Wolfowitz's tenure as World Bank president. a. A pay-and-promotion package b. An anticorruption drive c. fighting malaria d. building dams

4. What county is the main donor to the World Bank? a. China b. Russia c. United Kingdom d. United States

5. Chrysler will eventually owe ______for retiree health-care benefits. a. $15 million b. $1.8 billion c. $15 billion d. $18 billion

6. The ______represents about 50,000 of Chrysler's 80,000 workers, as well as many other workers in the industry. a. AFL-CIO b. Teamsters c. WAU d. UAW

© Copyright 2007 Dow Jones & Company, Inc. All rights reserved. WSJ Quiz: Page 1 of 4 7. Airlines are having problems retaining employees because a. tough working conditions b. low wages c. low morale d. all of the above

8. The US airline industry is profitable today in part because big network carriers shed more than ___ workers, or 38% of the total, between August 2001 and October 2006. a. 10,000 b. 17,000 c. 100,000 d. 170,000

9. Since coming to power, the Chávez government has handed over _____, for use by the poor. a. 1.8 million acres b. 4.8 million acres c. 8.8 million acres d. 16.8 million acres

10. Venezuelan President Hugo Chávez speaks of wanting to drive a stake through the heart of _____, limiting the role of money and installing a barter system. a. socialism b. capitalism c. communism d. bankers

11. When local residents got in the way of the Yangshan deep-water port near Shanghai in 2002, Chinese authorities: a. knocked down their houses b. sent a few protesters to labor camps c. finished the three-year expansion right on time d. all of the above

12. Global container-shipping trade is growing by ____ a year, thanks to booming exports from Asia. a. 5.1% b. 11% c. 21% d. 31%

13. Top executives like Intel’s Chief Executive Paul Otellini find they are working more closely than ever with their _____, and listening and responding to their requests. a. stockholders b. bankers c. employees d. customers

© Copyright 2007 Dow Jones & Company, Inc. All rights reserved. WSJ Quiz: Page 2 of 4 14. So far, Beijing's Olympic games have ___ official sponsors and suppliers, including Coke, Adidas AG, Visa International Inc and Lenovo Group Ltd -- compared to 38 at the 2004 games in Athens. a. 20 b. 33 c. 55 d. 75

15. The Los Angeles Dodgers are rolling out a new marketing experiment: They're betting that several thousand of their fans will stomach steep price increases for some of the worst seats in the stadium, in return for free: a. parking b. baseball hats c. programs d. baseball stadium food

16. Facing tough competition from rivals Lenovo is pitching the ___ of its laptops. a. low cost b. screen size c. durability d. changeable color

17. Filmmaker Michael Moore says his new documentary, will expose the _____ industry's greed and control over America's political processes. a. retail b. automobile c. PGA Golf d. health-care

18. The number of new major diamond mines discovered since the 1990s, is _____. a. zero b. 5 c. 12 d. 32

19. The US central bank has held its key interest-rate target steady at 5.25% for nearly _. a. 2 months b. 6 months c. 1 year d. 2 years

20. With GMAC and Chrysler under one roof, Cerberus will have approximately 11% market share in _____. a. light trucks b. mini vans c. auto loans d. SUVs

© Copyright 2007 Dow Jones & Company, Inc. All rights reserved. WSJ Quiz: Page 3 of 4 21. In February, a suggestion from Alan Greenspan, former chairman of the US Federal Reserve, that the US could slip into recession this year was blamed by some for helping trigger a global _____. a. recession b. depression c. stock sell-off d. arms race

22. DaimlerChrysler AG's sale of the struggling auto maker to Cerberus Capital Management LP depends on a complex set of financial maneuvers that requires its new majority owners to raise ____ in debt a. $6.2 million b. $6.2 billion c. $62 billion d. $620 billion

23. ___ has been behind energy stock volatility the past year. a. oil prices b. interest rates c. natural gas prices d. weather

24. Of the 50 top-grossing films of 2004 and 2005, ____ contained depictions of smoking. a. 25% b. 36% c. 52% d. 66%

25. To have one million dollars put away for retirement you should try to have saved ______by your forties. a. two times your annual pay b. three times your annual pay c. four times your annual pay d. half of your annual pay

26. Amazon's store will only sell music that comes without copy protection. Only one of the four major music companies has agreed to license its library to the service which is a. RCA b. EMI c. NPD d. LLC