The Wall Street Journal Weekly Quiz Covering front-page articles from Sept 6– Sept 9, 2005...

The Wall Street Journal Weekly QuizCovering front-page articles from

Sept 6– Sept 9, 2005

Developed by: Scott R. Homan Ph.D., Purdue UniversityIssue #3 Fall 2005

© Copyright 2005 Dow Jones & Company, Inc. All rights reserved.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) mild expansion b) mild recessionc) major expansiond) major recession

1) The past five years have witnessed a burst stock bubble, terrorist attacks, corporate scandals, wars in Afghanistan and Iraq, and a doubling in crude oil prices. Yet the economy, after a ________________ in 2001, has embarked on a solid expansion with little inflation.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) 2.7b) 4.9c) 6.8d) 7.6

2) In August, the U.S. unemployment rate fell to ________%, a four-year low.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) auto industryb) Class 3 citiesc) countrysided) bowling industry

3) In elections this Sunday, Japan’s Prime Minister Junichiro Koizumi, is betting he can win a mandate to engineer a shift no other Japanese leader has ever dared. His goal: To cut off the decades-long tradition of propping up Japan's declining ____________, and channel resources into the nation's successful cities and industries instead.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) public libraryb) post officec) Tokyo Red Crossd) Sony Alumni Club

4) To achieve that vision, Mr. Koizumi plans to dismantle one of the countryside's biggest crutches, the huge and unusual _______________, which acts as a bank and insurer. It is a vast network of 26,000 offices with 280,000 public employees, plus $3 trillion in savings and life-insurance deposits.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) 25%b) 30%c) 50 %d) 100 %

5) While power outages, flooding and battered pipelines will keep many refineries from returning to full operations for days or weeks, and in some cases for months, it now appears that _______ of the lost refinery output in the region will be restored soon.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) 10 % b) 29 %c) 69 % d) 80 %

6) Facilities in the Gulf of Mexico accounts for about _______ of U.S. domestic oil production and 21% of domestic U.S. gas production.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) an economic

rival b) a military

rivalc) an economic

model d) a military

model

7) Mr. Michael Pillsbury, a fluent Mandarin speaker and author of three esoteric books on Chinese military strategy, has become one of the Pentagon's most influential advisers on China, with a direct line to many of Defense Secretary Donald Rumsfeld's top aides. After decades spent nurturing contacts within China's military, Mr. Pillsbury has amassed mounds of Chinese-language military texts and interviewed their authors to get a grip on China's long-term military aims. His conclusion has rattled many in Washington: China sees the U.S. as _______________________.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) thinkingb) work ethicc) global ambitiond) leadership

8) Thanks in part to Mr. Michael Pillsbury's nudging, the Pentagon has staked out a particularly wary view of Beijing's global intentions. "We must start with the acknowledgement, at least, that we are unprepared to understand Chinese ______________," Mr. Pillsbury says. "And then we must acknowledge that we are facing in China what may become the largest challenge in our nation's history."


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) Civicb) Accordc) B210d) Mustang

9) In 1973 Honda launched the ______________ model of automobile into the American market. It was an instant, if accidental, hit in part due to its easily souped-up engine, sporty looks, low price, and high gas mileage.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) big-company

diseaseb) small-company

disease c) poor leadership d) stale thinking

10) Honda CEO Mr. Fukui, who took over in 2003, is trying to rid the company of its conservatism. He says in an interview that Honda was afflicted by "_______________" in the way it develops technology, conducts product-planning and markets its vehicles.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) recent turnoverb) salariesc) expectationsd) financial goals

11) As takeover activity quickens and investors' tolerance for poor corporate performance shrinks, more people are being offered jobs with high __________.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) environmental

refugeesb) weather refugees c) temporary refugees d) financial refugees

12) In modern political terms, the hundreds of thousands of people left homeless by Hurricane Katrina are considered "________________" -- people forced out of their communities not because of a tyrannical government or violent civil war but because of a natural disaster.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) Afro-Caribbean Parisb) Afro-English London c) Afro-Asian Hong Kong d) Afro-Australian Sidney

13) Mr. Kabacoff, whose firm, Historic Restoration Inc., is operating from a temporary office in Houma, La., about 50 miles southwest of New Orleans hopes that his study produced over the last year, dubbed Operation Rebirth, will become a road map to create the new New Orleans. The study, which seeks to reinvigorate rundown stretches of the city, envisions an "______________________," with garden-lined boulevards, an African-American cultural district, a modern trolley system and 25,000 revitalized homes -- houses that were left to rot long before Katrina arrived.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) Rugby Corp.b) Maytag Corp.c) Vac Corp.d) Oreck Corp.

14) Less than two weeks after Hurricane Katrina knocked out its corporate headquarters in New Orleans and its only factory in Long Beach, Miss., ____________ is hoping to begin building vacuum cleaners again today.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) 40 billionb) 50 billionc) 80 billion d) 100 billion

15) Damage estimates for Hurricane Katrina have continued to mount, rising to more than $___ overall, with between $14 billion and $35 billion on the insurance industry's tab.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) fuel hedgesb) fuel storage

tanksc) fuel storage

systemsd) fuel farms

16) Some airlines have locked in lower bills with _____________, essentially insurance policies that let a carrier procure fuel at advantageous prices in the future.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) put optionsb) chip optionsc) pitch optionsd) wedge options

17) An easy way for investors to insure against stock-market losses is through buying _____________, which allow investors to sell at a set price.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) trading datab) tax datac) profit reportsd) loss reports

18) The NYSE's enforcement division has warned more than 20 firms that they could face fines in excess of a million dollars for submitting incomplete or inaccurate ______________ to regulators.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) Organizational

Safety Auditb) Operational Safety

Auditc) Organizational

Process Auditd) Operational Process

Audit

19) The International Air Transport Association, for instance, has a highly regarded program called "____________________________" that independently evaluates airlines. It's like a Good Housekeeping seal of approval for air carriers.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) VCRb) DVRc) TMRd) CLM

20) TiVo is synonymous with _______ even though it can perform software driven advanced features not typically found on units provided by cable companies.


WSJ Weekly Quiz

Sep 6– Sep 9, 2005 a) board of

trusteesb) athletic

sponsorsc) alumni after

graduationd) own students

21) A growing number of universities are making money by lending to their _____________.

The Wall Street Journal Weekly Quiz Covering front-page articles from Sept 6– Sept 9, 2005...

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