The Wall Street Journal Weekly Quiz s18

The Wall Street Journal Education Program Weekly Review & Quiz Covering front-page articles from Nov 11 - 17, 2006 Quiz Fall 2006 Developed by: Scott R. Homan Ph.D., Purdue University

1. Special presidential trade-negotiating authority, often called ______is critical to getting deals done. a. “speedy track” b. “easy track” c. "fast track" d. “free track”

2. All told, ______incoming "trade skeptics" are set to replace "trade friendly" Republicans in the House, according to a study by the Swiss Institute for International Economics at the University of St. Gallen. a. 10 b. 14 c. 16 d. 26

3. Like Microsoft's Exchange, ______lets office workers send, receive, store and search the thousands of email messages that can pass through a business daily. a. EXimbra b. Mimbra c. Timbra d. Zimbra

4. Developing the newest version of Exchange took years of work by more than ______Microsoft employees. a. 400 b. 4,000 c. 40,000 d. 400,000

5. The University of Miami's Institute for Cuban and Cuban-American Studies estimates that soldiers control more than ____ of the island's economy. a. 40% b. 50% c. 60% d. 70%

6. The military's economic role in Cuba will likely become even more critical after the death of ailing 80-year-old leader, _____, who is widely believed to be dying of cancer. a. Raul Caster

7. According to the official count, there are about ______Chinese living in Russia. Some Russian academics say they could become the predominant ethnic group in the Far East and eastern Siberia by the year 2025. a. 100,000 b. 150,000 c. 250,000 d. 300,000

8. China buys about $1 billion worth of Russian ______every year. a. automobiles b. airplanes c. vodka d. weapons

9. US Airways Group $8.67 billion hostile takeover bid for ______suggests that the long-predicted frenzy of consolidation among U.S. airlines may have begun. a. Northeast Air Lines b. Northwest Air Lines c. Eastern Air Lines d. Delta Air Lines

10. Traders ______the price of US Airways stock shares recently on hopes that it can acquirer another airline. a. drove up b. drove down c. doubled d. cut in half

11. A half century ago, ______advocacy of free markets over government intervention and his prescription for inflation-fighting by central banks were treated as fringe notions by many economists. a. Milton Friedman's b. Milton Smith’s c. Fredrick Friedman's d. Ronald Reagan’s

12. A key idea promoted by a recently deceased Nobel Prize-winning economist was ___. a. free school lunches b. school vouchers c. school playgrounds d. free illegal drugs

© Copyright 2006 Dow Jones & Company, Inc. All rights reserved. WSJ Quiz: Page 2 of 4 13. Emotions affect the workplace in the following ways _____. a. employees who are unhappy at work won't contribute their best efforts, on the job or even at home b. emotions do not drive performance c. emotional distress improves the brain's mechanism to learn and think clearly d. whenever a new round of cuts is announced, productivity and the quality of work improves to prove employee’s worth to the company

14. Common complaints about PowerPoint presentations include _____. a. "PowerPoint is a great crutch." b. bad PowerPoint presentations cost companies $252 million a day in wasted time c. PowerPoint routinely disrupts and trivializes content. d. all of the above

15. Chinese and Western specialists approach pharmacology from very different angles. a. If Chinese doctors do find a drug that works, they usually understand the mechanism behind it. b. Western pharmaceutical companies often begin the search for a drug by identifying a target, and then look for a chemical compound that has the desired effect. c. Chinese doctors "know it will cure people, but they don't know what target it hits d. Both b and c

16. The wiki book, produced by a community of business experts and managers, will be called ______. It will explore how businesses can use online communities, consumer-generated media such as blogs, and other Web content to help in their marketing, pricing, research and service. a. "We Are Smarter Than Me" b. “They Are Smarter Than Me” c. “We Are Smarter Than Them” d. “Nobody Is As Smart As Us”

17. Kids who go see the animated film "Happy Feet" this weekend will also get a primer on ______. a. global warming b. product lifecycle management c. over-fishing and pollution d. politics and voting

18. Charitable contributions by Americans jumped about 6% to ______last year, the strongest increase since 2000. a. $260.28 million b. $560.28 million c. $260.28 billion d. $560.28 billion

19. Peak oil theory says _____. a. that when half of the world's oil has been pumped out of the ground, oil production is at its peak b. that there are always undiscovered reserves to maintain peak production of oil

20 Former employees of Enron ______. a. are finding it impossible to find employment b. have a fantastic alumni network c. have joined hedge funds and trading operations capitalizing on fast-growing commodity markets that the company once dominated or helped develop d. Both b and c

21. ServiceMaster’s first corporate objective is ______. a. honor God in all we do b. wash the feet of all customers c. be a Merry Maid! d. Terminix all competition

22. Islamic financing differs from conventional financing in its strict adherence to ____. a. Shariah b. high interest rates c. 2 year loans d. cash only transactions

23. Moderate inflation and a plunge in ______pushed the Dow Jones Industrial Average to another record. a. food prices b. housing prices c. oil prices d. the number of hurricanes

24. HSA stands for a. Helpful Separate Account b. Health Sentinel Account c. Hoarded Secret Account d. Health Savings Account

25. Democrats hope to ______. a. cut interest rates in half for certain kinds of student loans b. increase tuition rates at state universities c. decrease limits on Pell Grants d. encourage students to borrow directly from private banks instead of the government

26. Some people with learning disabilities in the workplace ______. a. experience serial firings and layoffs b. become highly successful by "finding a niche, a specific area where they can excel” c. need to find a job that suits their personality and abilities d. All of the above