Friday, November 18th, 2011

1. On Wednesday, the Bank of England predicted that inflation would fall to what level in two year’s time?

A. 3.0 percent
B. 2.4 percent
C. 1.8 percent
D. Correct Answer: 1.3 percent

2. Despite the U.S. consumer confidence at recession levels, Smead Capital Management believes its time to buy shares of consumer discretionary stocks. Which ones does it suggest?

A. Correct Answer: Walgreen, Starbucks, Nordstrom
B. Home Depot, Macy’s, Yum Brands
C. Coca-Cola, Tiffany, Dell
D. Walmart, Gap, Abercrombie & Fitch

3. According to Hiring For Attitude, one of CNBC.com’s best books for the holidays, what percentage of newly hired employees fail within 18 months?

A. Correct Answer: 46 percent
B. 26 percent
C. 23 percent
D. 17 percent