The Wall Street Journal Weekly Quiz Covering 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. 1 b. 3 c. 5 d ______ 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 million b. $338 million c. $33.8 billion d. $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 more b. hire less c. increase pay significantly for d. 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 amounts b. answering trivia questions c. 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. Franklin b. Lincoln c. Washington d. Jefferson 10. Founded in 1957, _________ has long been New Orleans' showcase public school.

WSJ Weekly Quiz January 9 – 13, 2006 a. $7 million b. $17 million c. $7 billion d. $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 travelers b. vacation market travelers c. pilots d. 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 positions b. 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. # 1 b. # 2 c. # 4 d. # 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 system are favoring technologies from larger companies and devices that are:

WSJ Weekly Quiz January 9 – 13, 2006 a. 1 years b. 2 years c. 3 years d. 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 expense b. profits c. capital equipment d. 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 standards b. capital expense standards c. 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 million b. $665 million c. $66.5 billion d. $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% lower b. 9% lower c. 0.9% higher d. 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. steam b. 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 _______.