Weekly Review Quiz as of 2008-08-21
Economics: Micro
FCC to Decide in Battle for TV Spectrum
by Amy Schatz
08/18/2008
http://online.wsj.com/article/SB121902086259648443.html
1. Contention over how to use broadcast spectrum white spaces is between
* a) television broadcasters and companies that want to use the space for high-speed wireless service.
b) television broadcasters and satellite radio providers.
c) satellite radio providers and companies that want to use the space for high-speed wireless service.
d) television broadcasters and the federal communications commission.
e) satellite radio providers and the federal communications commission.
Skilled Trade Seek Workers
by Anton Troianovski
08/19/2008
http://online.wsj.com/article/SB121910464115051361.html
2. Even as the economy slumps and unemployment rises, strong demand in certain industries has led to good opportunities for
a) engineers.
b) accountants.
* c) skilled blue collar workers.
d) unskilled blue collar workers.
e) educators.
For India's Tech Titans, Growth is Waning
by Niraj Sheth
08/20/2008
http://online.wsj.com/article/SB121919218719255181.html
3. The growth of India’s information-technology industry is slowing sharply because
a) the credit crunch and spending slowdown in the U.S. is hurting the companies’ biggest market.
b) the cheaper dollar is shrinking the companies’ profits.
c) competition is rising from other low-cost nations.
d) India’s own success has raised labor expenses, cutting the companies’ low-cost advantage.
* e) all of the above.
Airlines Revive Minimum Stays on Cheap Fares
by Scott McCartney
08/19/2008
http://online.wsj.com/article/SB121909457563650833.html
4. In targeting business travelers to pay more for flights, airlines are
a) charging more for online reservations.
b) eliminating corporate discounts.
* c) requiring flyers to stay at their destinations a minimum number of days or over Saturday nights.
d) raising the prices of business class at greater rates than they are raising coach prices.
e) increasing baggage fees.
H-P Net Rises 14%, Helped by Overseas Sales
by Justin Schneck
08/20/2008
http://online.wsj.com/article/SB121917681527053977.html
5. Hewlett-Packard Co. reported a 14% rise in quarterly profit and robust international sales. These quarterly results indicate that the company’s
* a) overseas business will not be hurt by the strengthening dollar.
b) personal computer business is suffering in the U.S.
c) server business is suffering in the U.S.
d) strategy to lower prices has been effective.
e) is gaining on its competitor Electronic Data Systems Corp.