The Wall Street Journal Education Program
Weekly Review & Quiz
Covering front-page articles from Feb 18-24, 2006
Answer Key Spring 2006 Issue #7
Developed by: Scott R. Homan Ph.D., Purdue University
1. At McDonald's, premium products like salads and white-meat chicken have accounted for more
than_______of same-store sales growth in the US since 2003.
a. one eighth
b. one fourth
c. one half Correct
d. three fourths
2. McDonald's decided on a blend of ______ lettuces, including baby red romaine, baby green leaf,
baby spinach, arugula and radicchio.
a. 12
b. 16 Correct
c. 20
d. 25
3. The expanded emphasis on performance targets is designed to keep executives from reaping rich
rewards for reasons unrelated to __________.
a. their stock options
b. just showing up for work
c. numerical goals
d. their leadership skills Correct
4. Last year,__________ major U.S. corporations -- ranging from ConAgra Foods Inc. to Peoples
Energy Corp. -- based a portion of the equity granted to their CEOs on performance targets.
a. 5 out of 100
b. 17 out of 100
c. 30 out of 100 Correct
d. 45 out 100
5. In a politically charged collision of economic and national-security interests, President Bush
squared off against Congressional leaders and governors from both parties over the transfer of six
US ________ to the management of a Middle Eastern company.
a. shipping ports Correct
b. airports
c. railroad transfer stations
d. bus stations
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WSJ Answer Key: Page 1 of 4
6. The Committee on Foreign Investment in the US, or CFIUS makes recommendations to the
__________.
a. US President Correct
b. US Congress
c. US Senate
d. US Homeland Security Department
7. The Sumatran rainforest once was a vast canopy of exotic hardwood trees, home to tigers,
elephants, tapirs, gibbons and myriad kinds of orchids and tropical flora. Over 20 years, _________
of this vibrant jungle has been cut down, a lot of it illegally by organized gangs, who sell the wood
to paper companies and local sawmills.
a. more than one fourth
b. more than half Correct
c. more than three fourths
d. the entirety
8. Asia Pacific Resources International Holdings Ltd promised to stop logging inside Tesso Nilo
after a visit from ________.
a. NBC
b. CNN Correct
c. ESPN
d. BBC
9. Late last year, a tiny patent firm threatening to shut down BlackBerry maker Research in Motion
Ltd. offered a deal: For about $______ it would go away.
a. 100 million
b. 1 billion Correct
c. 10 billion
d. 100 billion
10. Inside RIM's headquarters in Waterloo, Ontario, Mr. Balsillie's battle strategy is being driven
by indignation at the ________ and a determination to defend a principle.
a. US Whitehouse
b. US Congress
c. US Federal Reserve
d. US patent system Correct
11. What helped make the Amish effective negotiators was:
a. their willingness to pay upfront in cash
b. was the experience many of them have had in getting cut-rate medical treatment in Mexico
c. the vast number of Amish who have attended law school
d. Both a & b Correct
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WSJ Answer Key: Page 2 of 4
12. DNJournal.com, a publication that tracks the domain industry, reported 2,291 sales of expired
domains in auctions last year, with winning bids totaling a _________ combined.
a. $4.2 million
b. $11.5 million Correct
c. $24.3 million
d. $30.4 million
13. Hewlett-Packard Co. has long relied on home printers for revenue and profit will now rely
mostly on retail based kiosks called
a. Photosmart Express Correct
b. EasyShare Gallery
c. Snapfish
d. Both a & c
14. Next month, with the opening of an 880,000-square-foot warehouse next to a freeway on-ramp
on the outskirts of town, _______ will become Sterling, IL largest employer.
a. Wahl Clipper Corp
b. Adami Inc
c. Wal-Mart Stores Inc Correct
d. Dillon Inc
15. IRS officials have particularly zeroed in on individuals making$100,000 and above. Last year,
more than ________ people with incomes in that group were hit with an audit, up about 32% from
the previous year.
a. 119,000
b. 219,000 Correct
c. 319,000
d. 419,000
16. _____ shares are coveted because they often surge on their first trading day.
a. Preferred
b. Spinning
c. Blue Chip
d. IPO Correct
17. _______ in January meant that government reports on hiring, retail sales and new-home
construction were stronger than usual in January.
a. Warm weather Correct
b. Olympic preparations
c. New statistical procedures
d. Christmas returns
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WSJ Answer Key: Page 3 of 4
18. Last week, Merrill Lynch's dismal-science laboratory said it reckoned GDP would grow at an
annual rate of _____ in the first quarter, up from its previous forecast.
a. 4.3% Correct
b. 14.3%
c. 3.7%
d. 13.7%
19. Iceland's high yields -- the central bank's recent benchmark rate of _____ -- made the country a
favorite destination for investors looking for high rates of return.
a. 1.75%
b. 7.5%
c. 10.75% Correct
d. Zero Key %
20. New surgical techniques involving nerve transplants are proving to be especially promising in
treating what type of injuries?
a. birth trauma
b. spinal cord
c. peripheral-nerve that causes paralysis in localized areas of the body
d. Both a & c Correct
21. Last year marked the first time that automatic payments surpassed________ as the dominant
method for paying recurring bills.
a. mail
b. charge cards
c. cash
d. check writing Correct
22. Sponsored by major corporations such as Intel, IBM and Boeing
career-driven summer camps promote interest in _________.
a. engineering
b. aerospace
c. computer security
d. All of the above Correct
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WSJ Answer Key: Page 4 of 4