The Wall Street Journal Weekly Quiz s13

The Wall Street Journal Education Program

Weekly Review & Quiz

Covering front-page articles from May 27, 30 - June 2, 2006

Answer Key Summer 2006

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

1. US online ad revenue increased _____ last year to $12.5 billion, according to the Interactive Advertising Bureau trade group and consultant PricewaterhouseCoopers.

a. 10%

b. 20%

c. 30% Correct

d. 40%

2. Recruiters and Internet executives say ad salespeople with roughly five years experience can make in the range of $______a year in base salary.

a. 25,000

b. 52,000

c. 75,000

d. 125,000 Correct

3. Microsoft's first Xbox, released in _____, was a favorite target of hackers.

a. 1998

b. 1999

c. 2000

d. 2001 Correct

4. Some Xbox 360 hackers in _____ claim they have found a way to play some copied games on it.

a. Denmark Correct

b. England

c. France

d. Boston

5. Legacy Town Center is one of dozens of ______popping up across the country.

a. faux downtowns Correct

b. 100 screen movie theaters

c. public pools

d. modern library

6. A movement by architects and planners calling for a return to traditional towns where people work, shop, live and play is called ______.

a. city life

b. new urbanism Correct

c. rehabitation

d. urban renewal

7. Business jets represent more than ______of all flights.

a. 8%

b. 18% Correct

c. 28%

d. 38%

8. In 2004 passenger and cargo airlines accounted for 65% of flights, but they paid _____ of the $9.6 billion in taxes collected to support the FAA.

a. 11%

b. 19%

c. 91% Correct

d. 99%

9. In the past four years, Time Warner's revenue has risen ______and operating profit has rebounded to $10.6 billion in 2005 from a $38.5 billion loss in 2002.

a. 17% Correct

b. 27%

c. 21%

d. 11%

10. Time Warner has ______employees.

a. 27,000

b. 87,000 Correct

c. 187,000

d. 287,000

11. There are about 10,000 suppliers hawking their goods in Wal-Marts world-wide and an equal number of newcomers trying to get in each year. Of those applicants, only about ______make it to the trial run stage.

a. 2% Correct

b. 4%

c. 6%

d. 8%

12. William Gray, a prominent storm predictor at Colorado State University, and his colleague Phil Klotzbach, put the odds of an intense hurricane hitting the stretch of coast between New York City and Cape Cod at about 1 in ______.

a. 3

b. 9

c. 11 Correct

d. 15

13. Microsoft's chief executive officer, Steve Ballmer, recently boasted that the Redmond, Wash., company bought ______companies over the past year, some of them Northern California fledglings.

a. 11

b. 22 Correct

c. 33

d. 44

14. According to the Business Software Alliance in a study it released in May, there were $____ billion in global PC software piracy losses in 2005.

a. 34 Correct

b. 43

c. 56

d. 65

15. Over the next half-century, some $____ trillion is expected to be disbursed from estates, according to researchers at Boston College's Center on Wealth and Philanthropy.

a. 35

b. 45 Correct

c. 55

d. 65

16. Bank of China Ltd., shares of which are scheduled to begin trading on the ______Stock Exchange, is the biggest stock offering anywhere for the past six years, and China's largest to date.

a. Beijing

b. Hong Kong Correct

c. Tokyo

d. New York

17. In recent weeks, two of the financial world's biggest commodities players, Goldman Sachs Group Inc and Morgan Stanley, have sought to take stakes in _____ companies that operate in the commercial side of the commodities boom.

a. lumber

b. beer distribution

c. fuel distribution Correct

d. roofing materials

18. When the Institute for Supply Management purchasing managers' index is over ___ it typically means the manufacturing sector is expanding.

a. 10

b. 25

c. 50 Correct

d. 75

19. According to recent research, an array of investments whose prices used to rise and fall independently, are now ______.

a. owned by Norway

b. sold out

c. too expensive for most investors

d. increasingly correlated Correct

20. The Stafford Loan's rate is expected to rise about ______percentage points July 1.

a. 1

b. 2 Correct

c. 4

d. 6

21. To help remember a person’s name it is best to do what immediately?

a. input the name into your Blackberry

b. make up a word that rhymes with the name

c. write it down on a Post-It note and stick it on their back

d. repeat it out loud Correct

22. A growing number of parents are using ______to monitor their kids' home Internet use from work.

a. spy equipment

b. parental-monitoring software Correct

c. nannies

d. Web-c