Weekly Review Quiz as of 2010-12-09
Economics:Micro

China Clones, Sells Russian Fighter Jets
by Jeremy Page
12/06/2010

1. At November's Airshow China in the southern city of Zhuhai, China laid on its biggest commercial display of military technology – almost all based on

a) Japanese know-how.
b) British know-how.
c) French know-how.
d) U.S. know-how.
* e) Russian know-how.

As Electric Vehicles Arrive, Firms See Payback in Trucks
by Mike Ramsey
12/08/2010

2. Staples has ordered 41 electric trucks which will be used on short, defined routes each day. Despite the fact that an electric truck costs about $30,000 more than a diesel truck, the company is ordering the electric trucks because

a) it believes that it has a social responsibility to do so.
* b) it expects to recover the price difference in a relatively short period of time.
c) the federal government has mandated that delivery companies use electric vehicles.
d) the federal government has mandated that delivery companies use electric vehicles, but only in urban areas.
e) it likes the quiet engines.

Supreme Court Will Consider Wal-Mart Challenge to Class-Action Suit
by Jess Bravin and Ann Zimmerman
12/07/2010

3. The Supreme Court agreed Monday to hear Wal-Mart Stores Inc.'s bid to block a class-action lawsuit alleging discrimination against women in a case that could have broad implications for such suits. Filed in 2001 on behalf of as many as 1.5 million female employees, the suit says Wal-Mart

a) paid women less than men.
b) gave women fewer opportunities for promotions.
c) through its “centralized corporate culture” victimized all female employees.
* d) all of the above.
e) none of the above.

4. The Wall Street Journal reports that the plaintiffs’ class-action suit is supported by

* a) the federal Equal Employment Opportunity Commission.
b) an array of other companies, including Bank of America Corp., General Electric Co., and Microsoft Corp.
c) Wal-Mart Stores Inc.
d) all of the above.
e) none of the above.

No Longer Tiny, Netflix Gets Respect - and Creates Fear
by Nick Wingfield and Sam Schechner
12/06/2010

5. Netflix Inc. has successfully expanded its mail-order DVD rental service to delivering video online. Meantime, the rise of Internet-connected TVs and disc players means that Netflix's electronically streamed movies and TV shows are reaching living rooms, not just computers. All that poses a potential threat to

a) cable companies.
b) phone companies.
c) satellite systems companies.
* d) all of the above.
e) none of the above.