The Wall Street Journal Weekly QuizCovering front-page articles from

January 9 – 13, 2006

Developed by: Scott R. Homan Ph.D., Purdue University

Spring 2006 Issue #1

© Copyright 2006 Dow Jones & Company, Inc. All rights reserved.

WSJ Weekly Quiz

January 9 – 13, 2006

a. 60%b. 15%c. 20%d. 80%

1. Currently ethanol now accounts for as much as ______ of Brazil's transportation fuel market.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 1b. 3c. 5d. 7

2. ______ out of 10 new cars sold in Brazil are "Flexible fuel" cars running ethanol, gasoline or a mixture of both.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 10%b. 30%c. 50%d. 60%

3. By 2010, Exxon's expects Africa will provide in excess of ________ of Exxon's oil, more than any other region in the world.

WSJ Weekly Quiz

January 9 – 13, 2006 a. $33.8 millionb. $338 millionc. $33.8 billiond. $338 billion

4. Exxon earned _____________ in the 12 months ended Sept. 30, 2005.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 7.8%b. 17.8%c. 27.8%d. 37.8%

5. Tracinda Corp. owns _______ of GM.

WSJ Weekly Quiz

January 9 – 13, 2006 a. hire moreb. hire lessc. increase pay

significantly ford. cut pay

significantly for

6. Jerome York, an adviser to Tracinda Corp., delivered a measured but stern critique to GM. One of the things he want GM to do is ________ top executives and directors.

WSJ Weekly Quiz

January 9 – 13, 2006 a. spinning a wheel with a

variety of dollar amountsb. answering trivia

questionsc. opening briefcases

holding a variety of monetary amounts

d. dealing cards with amounts of money on them

7. The new NBC game show “Deal or No Deal” involves _____.

WSJ Weekly Quiz

January 9 – 13, 2006 a. Because they find them more

exciting than soap operas b. to see whether it might help

explain why people make irrationally risky economic decisions

c. to explain the situational choices contestants make, and the clues those choices may hold for economic behavior in everyday life

d. Both b & c

8. Behavioral economists study games shows _______.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 10%b. 20%c. 30%d. 40%

9. By the most optimistic city and industry estimates, New Orleans's current population is less than _______ of its original 460,000.

WSJ Weekly Quiz

January 9 – 13, 2006 a. Franklinb. Lincolnc. Washingtond. Jefferson

10. Founded in 1957, _________ has long been New Orleans' showcase public school.

WSJ Weekly Quiz

January 9 – 13, 2006 a. $7 millionb. $17 millionc. $7 billiond. $27 billion

11. Next month, United Airlines parent UAL Corp. expects to emerge from the largest, longest-running airline bankruptcy in history. In three years, the nation's second-largest airline has slashed costs by __________ a year.

WSJ Weekly Quiz

January 9 – 13, 2006 a. business

travelersb. vacation market

travelersc. pilotsd. travel agents

12. United is making an all-out effort to raise revenue by pampering its best ______.

WSJ Weekly Quiz

January 9 – 13, 2006 a. executives

summoned foreign specialists in flight safety from companies such as Delta and Boeing

b. it became a major cargo carrier for China

c. all pilots are British or American

d. Both a & b

13. A major key in Korean Air’s recovery is ____.

WSJ Weekly Quiz

January 9 – 13, 2006 a. changing upper-

management positionsb. selling off its middle-

market stores and concentrating on luxury goods

c. giving away a free goat with every cashmere sweater purchase

d. a & b

14. Saks is attempting to revive its sales by:

WSJ Weekly Quiz

January 9 – 13, 2006 a. # 1b. # 2c. # 4d. # 10

15. The Toyota Camry sedan is the __________ selling car in America.

WSJ Weekly Quiz

January 9 – 13, 2006 a. less expensive b. equipped with

better phones c. that easily

connect to specialized business software for sales or field service management

d. All of the above

16. Companies considering switching their mobile email system are favoring technologies from larger companies and devices that are:

WSJ Weekly Quiz

January 9 – 13, 2006 a. 1 yearsb. 2 yearsc. 3 yearsd. 4 years

17. A company that does clinical studies and wins FDA approval for a switch from prescription only to Over the Counter status gets exclusive rights to sell that medication over-the-counter for ______.

WSJ Weekly Quiz

January 9 – 13, 2006 a. an expenseb. profitsc. capital

equipmentd. losses

18. New accounting rules require companies that report results on a calendar basis to treat stock options as _________.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 65%b. 70%c. 45%d. 50%

19. In the U.S., consumer spending now accounts for about __ of gross domestic product.

WSJ Weekly Quiz

January 9 – 13, 2006 a. pay-disclosure

standardsb. capital expense

standardsc. non-profit

accounting standards

d. annual report font standards

20. As soon as Tuesday, the Securities and Exchange Commission plans to propose its biggest overhaul of __________ since 1992.

WSJ Weekly Quiz

January 9 – 13, 2006 a. $66.5 millionb. $665 millionc. $66.5 billiond. $665 billion

21. Economists surveyed by Dow Jones and CNBC estimate that the U.S. trade deficit slipped to _________ in November.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 0.9% lowerb. 9% lowerc. 0.9% higherd. 9% higher

22. Economists surveyed by Dow Jones Newswires and CNBC estimate that the retail sales report from the Commerce Department will show that sales were ____ in December than in November.

WSJ Weekly Quiz

January 9 – 13, 2006 a. 25%b. 30%c. 45%d. 60%

23. The potential for hearing loss due to Ipods and Mp3 players can be avoided by listening at a volume level lower than:

WSJ Weekly Quiz

January 9 – 13, 2006 a. steamb. river rocks

mounted on the wash plate

c. built-in sensors that choose water levels and type of wash cycle

d. a & c

24. Washing machines are using which types of technology to clean clothes better?

WSJ Weekly Quiz

January 9 – 13, 2006 a. receive an immediate

payout in a lump sum b. will get their pensions when

they leave or retire, but their benefits won't grow with additional years on the job

c. new employees have to pay back their benefits

d. do not get the pension they have already earned

25. In a “hard freeze” of pension benefits employees _______.