Wall Street Cover Story

2.

Ten years ago, 75% of 16- to 19-year olds had a summer job.

True
False

Correct Answer

A. False

Explanation

Ten years ago, the statement claims that 75% of 16- to 19-year olds had a summer job. However, without any further context or evidence, it is not possible to determine the accuracy of this statement. Therefore, the answer is false as it cannot be confirmed or verified.

Rate this question:

3.

Summer jobs won’t help you get into college.

True
False

Correct Answer

A. False

Explanation

This statement is false. Summer jobs can actually help students get into college. Having a summer job can demonstrate responsibility, work ethic, and time management skills to college admissions officers. It can also provide valuable experiences and opportunities for personal growth and development. Additionally, summer jobs may allow students to save money for college expenses or contribute to their college fund. Therefore, summer jobs can have a positive impact on college admissions and can be beneficial for students.

Rate this question:

4.

Teens say they don’t like to work at fast-food restaurants because there’s no opportunity for advancement.

True
False

Correct Answer

A. False

Explanation

The statement suggests that teens do not like to work at fast-food restaurants because they believe there is no opportunity for advancement. However, this statement is false. Many fast-food chains offer opportunities for advancement, such as promotions to managerial positions or the chance to gain valuable work experience. Therefore, it is incorrect to say that there is no opportunity for advancement in fast-food restaurants.

Rate this question:

5.

Many organizations accept teen volunteers as young as 16.

True
False

Correct Answer

A. True

Explanation

Many organizations have programs that accept teen volunteers who are as young as 16. This is because 16 is generally considered to be an age where individuals have developed enough maturity and responsibility to contribute effectively as volunteers. Additionally, involving young volunteers can provide them with valuable learning experiences and help them develop important skills for their future. Therefore, it is true that many organizations accept teen volunteers as young as 16.

Rate this question:

6.

Having a paying job or volunteer position is important for teenagers because it can..

Teach them responsibility
Help them develop basic job skills
Improve their self-confidence
A and B only
All of the above

Correct Answer

A. All of the above

Explanation

Having a paying job or volunteer position is important for teenagers because it can teach them responsibility, help them develop basic job skills, and improve their self-confidence. By having a job or volunteer position, teenagers learn the importance of being accountable and reliable. They also gain practical skills such as time management, communication, and teamwork. Additionally, the experience of working or volunteering can boost their self-esteem and belief in their abilities. Therefore, all of the above reasons make having a paying job or volunteer position valuable for teenagers.

Rate this question:

7.

Having a fast-food job on a résumé gives a teen experience in...

Interacting with customers
Physical labor
Money management
A and B only
All of the above

Correct Answer

A. Interacting with customers

Explanation

Having a fast-food job on a résumé gives a teen experience in interacting with customers because working in fast-food requires constant interaction with customers. Fast-food employees have to take orders, handle complaints, and provide customer service. This experience helps teens develop their communication and interpersonal skills, which are valuable in any future job or career.

Rate this question:

8.

Teens think jobs aren’t available because..

That’s what their friends say
That’s what the media say
That’s what employers say
A and B only
All of the above

Correct Answer

A. A and B only

Explanation

The correct answer is A and B only. This is because teens may think jobs aren't available based on what their friends say and what the media portrays. Their friends may have had difficulty finding jobs and may have shared their experiences, leading the teens to believe that jobs are scarce. Additionally, the media often highlights stories of unemployment and job market challenges, further reinforcing the perception that jobs are not readily available. However, the answer does not include "That's what employers say," as this is not mentioned as a reason for teens thinking jobs aren't available.

Rate this question:

9.

What is William McCraney’s biggest challenge with his video-to-DVD business?

Managing his profits
Dealing with customer complaints
Finding time for a social life
Computer problems slowing his productivity
Holding down sales volume during the school year

Correct Answer

A. Holding down sales volume during the school year

Explanation

William McCraney's biggest challenge with his video-to-DVD business is holding down sales volume during the school year. This suggests that there is a significant increase in sales during the school year, which may put a strain on the business's resources and ability to meet demand. The challenge lies in managing and balancing the sales volume to ensure smooth operations and customer satisfaction throughout the year.

Rate this question:

10.

Some teens are finding volunteer work helping nonprofits with..

Social networking
Web marketing
Fund raising
A and B only
All of the above

Correct Answer

A. A and B only

Explanation

The correct answer is A and B only because the statement mentions that teens are finding volunteer work helping nonprofits with social networking and web marketing. There is no mention of teens helping with fund raising, so option C is not included. Additionally, option D is not correct because it includes all of the above, which would also include option C.

Rate this question:

Wall Street Cover Story

One million teens have left the labor force since the recession began in 2007.

Quiz Preview

Ten years ago, 75% of 16- to 19-year olds had a summer job.

Summer jobs won’t help you get into college.

Teens say they don’t like to work at fast-food restaurants because there’s no opportunity for advancement.

Many organizations accept teen volunteers as young as 16.

Having a paying job or volunteer position is important for teenagers because it can..

Having a fast-food job on a résumé gives a teen experience in...

Teens think jobs aren’t available because..

What is William McCraney’s biggest challenge with his video-to-DVD business?

Some teens are finding volunteer work helping nonprofits with..