Weekly Review Quiz as of 2008-04-10
Economics:Micro
Crossings by Migrants Slow as Job Picture Dims
by Miriam Jordan
04/09/2008
1. The number of illegal immigrants apprehended along the U.S.-Mexico border is falling steeply because
* a) the economic downturn, beefed-up border security and steeper penalties are deterring unauthorized crossings.
b) budget cuts to the border patrol have made it easier for illegal immigrants to evade capture.
c) the weak dollar has made it unattractive for immigrants to send dollar to relatives in Central and South America.
d) the U.S. recently is investing in public service advertising on Spanish language television and radio promoting English as an official language.
e) high gasoline prices make immigration from Central and South America too expensive.
2. Illegal migrants are leaving Arizona because the state has
a) cut government benefits to these immigrants.
b) increased prison space to house these immigrants.
* c) implemented employer sanctions for hiring illegal immigrants.
d) increased its income tax rate.
e) not been effective in reducing its unemployment rate.
How Microsoft and Yahoo Could Come Together
by Kevin J. Delaney and Matthew Karnitschnig
04/08/2008
3. In the negotiation between Microsoft Corp. and Yahoo Inc. over Microsoft’s acquisition of Yahoo, Monday, Yahoo's board said in a letter to Microsoft that it wasn't opposed to selling itself as long as
a) Microsoft appoints Yahoo Inc. CEO Jerry Yang as CEO of the Microsoft.
* b) the price fully reflects the value of Yahoo, including any strategic benefits to Microsoft.
c) Microsoft retains the management structure of Yahoo.
d) Microsoft makes a cash-only offer.
e) Yahoo is first given time to pursue alternative deals.
Credit Crunch Hits Private Student Loans
by Robert Tomsho and Keith Winstein
04/09/2008
4. College students in need of private loans to pay for the coming academic year will have to grapple with
a) larger loans.
b) larger loans and shorter repayment periods.
c) shorter repayment periods and higher interest rates.
d) shorter repayment periods and tougher credit checks.
* e) higher interest rates and tougher credit checks.
Nonprofit Hospitals, Once for the Poor, Strike it Rich
by John Carreyrou and Barbara Martinez
04/04/2008
5. The profits of nonprofit hospitals have soared because
a) there has been a gradual increase in Medicare reimbursements after federal budget cutbacks during the 1990s.
b) by merging and gaining scale, many hospitals gained leverage in price negotiations with health insurers.
c) they have been demanding upfront payments from patients.
d) they have been issuing tax-exempt bonds and investing the proceeds in higher-yielding securities.
* e) all of the above.