The Wall Street Journal Weekly Quiz s23

The Wall Street Journal Education Program Weekly Review & Quiz Covering front-page articles from April 1-7, 2006 Quiz Spring 2006 Issue #13 Developed by: Scott R. Homan Ph.D., Purdue University Note: Issue #14 will be released April 21

1. At a time when there's a growing gap between the rich and the poor, Bloomfield Hills offers a clear reminder that the wealthy often can't escape from: a. paying taxes b. prison c. growing old d. the severe problems of a local economy

2. The wealthy residents of Bloomfield Hills are a. going on wild spending sprees with their severance packages b. ordering stretch limos instead of sedans to carpool to the country club c. cutting back on luxuries such as spa treatments, dining out and landscaping d. increasingly investing in expensive jewelry and large homes

3. Sensing a fundamental problem, Mr. Hurd dug into H-P's sales structure. He found that there were _____ layers of management between him and a customer. a. 15 b. 11 c. 5 d. 4

4. H-P's earnings have improved during the past few quarters and its shares are up more than _____ since Mr. Hurd's arrival last March. a. 20% b. 40% c. 60% d. 70%

5. The yield on the 10-year U.S. Treasury note -- the foundation for long-term interest rates -- rose as high as 4.905%, matching a two-year peak set in ______. a. May 2001 b. June 2002 c. June 2003 d. May 2004

6. After stubbornly resisting nearly two years of prodding by the Federal Reserve, long-term interest rates are ______. a. going up

7. In a far-reaching bid to obtain universal health-care coverage in their state, ______lawmakers overwhelmingly approved a bill that is the first in the nation that requires all citizens to buy medical insurance. a. California b. New York c. Indiana d. Massachusetts

8. In a far-reaching bid to obtain universal health-care coverage in their state a provision stirred unease among some businesses, the proposed law would require companies with _____or more employees to provide health coverage or pay a per-employee annual fee of $295. a. 5 b. 11 c. 21 d. 50

9. Coca-Cola Co. unveiled a radical new plan for compensating directors: eliminating their ____ altogether unless the company hits financial targets. a. health benefits b. country club memberships c. pay d. executive washrooms

10. Under its new plan, the Atlanta beverage giant will annually allocate "equity-share units," initially valued at $______, to each director. a. $15,000 b. $17,000 c. $105,000 d. $175,000

11. The Senate moved closer to passing a landmark immigration bill that would put millions of illegal workers and their families on the road to ______. a. citizenship b. Mexico c. Canada d. jail like immigration camps

12. Sen. Jeff Sessions (R., Ala.) angrily denounced the immigration measure as a ____. a. dead horse b. crazy horse c. dead wildcat d. crazy wildcat

© Copyright 2006 Dow Jones & Company, Inc. All rights reserved. WSJ Quiz: Page 2 of 5 13. The Canadian unit of Japanese videogame maker Koei Co. has incorporated Japanese traditions into its corporate culture such as ______. a. sitting together in an open room without cubicles b. morning meetings where employees deliver short speeches c. the tradition of lifetime employment d. All of the above

14. The Internet is the fastest-growing segment of the ad industry, up 30% in 2005 to ______, according to the Interactive Advertising Bureau, a group that represents Web publishers and online ad networks. a. $10.5 billion b. $12.5 billion c. $13.5 billion d. $15.5 billion

15. The products for which Apple has become famous include _____. a. the Blackberry b. the iPod & the Macintosh c. MS-DOS d. All of the above

16. Last year, Stanford University awarded 88 Ph.D.s in electrical engineering, ______of which went to foreign-born students. a. 80 b. 69 c. 59 d. 49

17. About a quarter of nearly $______in proposed stadium development projects for New York's Yankees and Mets would be borne by the public. a. $2 billion b. $1 billion c. $200 million d. $2 million

18. For taxpayers running late, there's one good bit of news: Everyone has at least ______extra days to file their federal return. a. 2 b. 3 c. 5 d. 7

19. Prosecutors have tried to prove the Enron executives tried to hide the company's growing financial problems for ______years before its December 2001 collapse into bankruptcy. a. 2

20. A recent manufacturing report showed that prices paid by manufacturers were ______than expected. a. higher b. lower c. double d. one half

21. Cash at the top tech companies amounted to ______of assets at the end of last year, up from 12% in 1991, according Vadim Zlotnikov, the chief investment strategist for Sanford C. Bernstein & Co. a. 15% b. 18% c. 25% d. 30%

22. The Dow Jones U.S. Telecommunications Equipment stock index is up ___ this year. a. 1.4% b. 9.4% c. 14.4% d. 19.4%

23. The contract for April gold delivery rose $7.30 a troy ounce. Amid broad expectations that gold is going higher, contracts for later delivery touched $_____. a. 600 b. 500 c. 400 d. 300

24. The National Cancer Institute and the National Human Genome Research Institute, both part of the National Institutes of Health, are spending $100 million over three years to do a pilot project of the ______, which will attempt to characterize genetic mutations in cancer. a. Cancer Genetic Map b. Cancer Genome Atlas c. Cancer Gene Diagram d. Cancer Genome Chart

25. Features of online mapping sites _____. a. have remained fairly primitive b. raise privacy concerns because of the higher resolutions faces and license plates can be seen more clearly c. can display results from the perspective of someone walking or driving down a street d. Both b and c

© Copyright 2006 Dow Jones & Company, Inc. All rights reserved. WSJ Quiz: Page 4 of 5 26. Mutual-fund companies increasingly are rolling out new funds that rely on ____ to select stocks. a. random guesses b. monkeys c. college students d. computers