Welcome to the Econ Quiz!

ECON QUIZ is featured weekly in the business section of the Wisconsin State Journal. It is written by the staff of the Center for Community and Economic Development. Questions or Comments about the data, data sources, or just want more information? We can also provide step by step instructions so you can easily obtain this […]

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The high cost of higher education

In 1976, the average undergraduate resident tuition at UW System 4-year campuses was $556 per year. That covered 24.5% of the annual cost of $2,457 per student. The state of Wisconsin tax payers paid the remaining $1,703, or 75.5% of the total cost. By 2009, the annual cost of educating an undergraduate student int he […]

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The Biggest Box: Wal-Mart 2009 E-Commerce Sales

About 4 percent of all retail sales are completed online. In 2009, consumers purchased $143 billion in retail goods from businesses online. According to the most recent Wal-Mart Annual Report, what were total U.S. sales for Wal-Mart (including Sam’s) for the 12 months ending January 31, 2010? A. $26 million B. $26 billion C. $268 […]

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E-Commerce III: Business-to-Business E-commerce in 2008

According to the U.S. Census Bureau E –Stats, business-to-consumer (B-to-C) online sales (goods and services) totaled $288 billion in 2008. Businesses also sell to other businesses. Business-to business (B-to-B) e-commerce has increased dramatically over the past few years as businesses find new, effective, cost efficient ways to use tine internet. B-to-B e-commerce more than doubled […]

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E-Commerce II: Consumer Spending Online in 2008

In 2008, consumers spent $142 billion online on retail goods in the U.S. However, consumers are not only purchasing books, computers, and clothing online. They are also purchasing an increasing number of services online (i.e. air travel, lodging, and stock brokerage services). For example, 23 percent of all consumers spending on travel arrangements and reservations […]

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