# Cooper W1 Homework

Satisfactory Essays
Week 1 Homework Assignment
Ending each chapter and appendix in the text are the chapter summary, review questions and problems. You are to review the chapter summary and then prepare answers to the following problems:
Chapter 1
1. (a) Suppose the real GDP is currently \$97 billion per year and natural real GDP is currently \$100 billion. Measured as a percentage, what is the GDP gap?
\$100 - \$97/100 = 3
The GDP gap is 3%
(b) Suppose natural real GDP is growing by \$4 billion per year. By how much must real GDP have risen after two years to close the GDP gap?
\$108 Billion − \$97 Billion = \$11 Billion

Chapter 2:
2. Assume that gross private domestic investment is \$800 billion and the government (state, local and federal combined) is currently running a \$400 billion deficit. If households and businesses are saving \$1000 billion, what is the value of net exports? Use equation (2.6) to explain your answer.
T – G = (I + NX) – S
-400 billion = (\$800 billion + Net exports) - \$1000 billion
\$600 billion = \$800 billion + Net exports
-\$200 billion = Net exports
5. If nominal GDP is \$10,608 and real GDP is \$10,400, what is the value of the GDP deflator?
\$10,608/\$10,400 = 1.02
The value of the GDP deflator is 1.02
10. In 2009, civilian employment was 139,877,000 and unemployment was 14,265,000. What was the unemployment rate?
14,265,000 / (139,877,000+14,265,000) x 100 = 9.2
The unemployment rate is 9.2 %

## You May Also Find These Documents Helpful

• Satisfactory Essays

Problem 17-7 on Ex-dividend Price Based on Chapter 17 Payout Policy Natsam Corporation has \$250 million of excess cash. The firm has no debt and 500 million shares outstanding with a current market price of \$15 per share. Natsam’s board has decided to pay out this cash as a one-time dividend. a. What is the ex-dividend price of a share in a perfect capital market? The payoff for the dividends would be \$250/500 = \$.50 per share. Therefore, the price for the shares would go down by that amount and…

• 515 Words
• 3 Pages
Satisfactory Essays
• Powerful Essays

Case 1: Will Cooper Will Cooper had spent a total of sixteen years as a successful oil company service station lessee-operator1 in Halifax. In the fall of 1988, he was approached by the owner of another service station who wanted to sell his operation to Cooper. Cooper rejected the offer, but the owner persisted. Cooper eventually agreed to consider the matter seriously, committing himself to a decision by early January 1989. This was a genuine opportunity for Cooper to become the owner of his…

• 2574 Words
• 8 Pages
Powerful Essays
• Satisfactory Essays

if they make them by hand or by robot. I know a cell phone works I just don’t know its story. Here is a little bit about the cell phones story. Martin Cooper invented the cell phone while working for Motorola. He gave it to the company. It did take a while to sell. Martin Cooper was the lead engineer responsible of the cell phone. Martin cooper was born in 928.When he was young he earned his bachelor’s degree. The first cell phone was a lot different than our cell phones now. They use to be really…

• 296 Words
• 2 Pages
Satisfactory Essays
• Good Essays

Cooper Pharmaceuticals Inc BMKT 436: Sales and Sales Management Shaye Murphy 10/12/2013 Executive Summary Goals Cooper Pharmaceuticals Inc (CPI) is a major manufacturer for the dental and medical practices in the United States. Their ultimate goal is to remain the largest drug manufacturer and meet the sales quotas. CPI has strong ethical policies that they want to keep that have shaped the companies’ reputation. In hiring Bob Marsh, they were meeting their goals…

• 1774 Words
• 8 Pages
Good Essays
• Powerful Essays

LONGMAN COMMUNICATION 3000 1 Longman Communication 3000 The Longman Communication 3000 is a list of the 3000 most frequent words in both spoken and written English, based on statistical analysis of the 390 million words contained in the Longman Corpus Network – a group of corpuses or databases of authentic English language. The Longman Communication 3000 represents the core of the English language and shows students of English which words are the most important for them to learn and study in order…

• 14094 Words
• 57 Pages
Powerful Essays
• Powerful Essays

Advanced Financial Management Cooper Industries Case March 30, 2009 Jesse Van Gestel ID#200504399 Cooper Industries, Inc. 1. If you were Mr. Cizik of Cooper Industries, would you try to gain control of Nicholson File Company in May 1972? 2. What is the maximum price that Cooper can afford to pay for Nicholson and still keep the acquisition attractive from the standpoint of Cooper? [Treasury Bills yielded 5.6% in May 1972.] 3. What are the concerns and what is the bargaining position…

• 1179 Words
• 5 Pages
Powerful Essays
• Good Essays

COOPER CASE STUDY SUMMARY Nicholson Early in 1972 Nicholson dad to fend off a take over attempt by H.K. Porter Company Inc., which controlled 30.5% of the company 's stock. Porter made a cash tender offer to stockholders. However, Porter did not get enough stock to take over Nicholson. In trying to fight the takeover Nicholson made several merger overtures to other companies like VLN Corp. A few years back, it had rejected an offer from Cooper Industries. Cooper Industries & Nicholson Cooper…

• 1578 Words
• 7 Pages
Good Essays
• Powerful Essays

T Y – N OF OT C E FO N G A R SA GE LE LE OR ARN CL IN AS G SR OO M US E Rev. April 18, 1995 Cooper Industries’ Corporate Strategy (A) The business of Cooper is value-added manufacturing. – Cooper Industries’ management philosophy Manufacturing may not be glamorous, but we know a lot about it. – Robert Cizik, Chairman, President and CEO Cooper Industries, a company more than 150 years old, spent most of its history as a small but reputable maker of engines and…

• 12948 Words
• 93 Pages
Powerful Essays
• Good Essays

way ticket from Portland Oregon to Seattle Washington under the name Dan Cooper. After the flight that consisted of 5 crew members, 37 passengers took to the air; the man passed a small note to one of the two flight attendants. Flo Schaffner the woman who received the note simply ignored it and gently slid it in her pocket thinking it was simple piece of paper with the man’s phone number on it. As she passed by again Cooper stopped her and said she needed to read the paper because there was some…

• 941 Words
• 4 Pages
Good Essays
• Powerful Essays

MINI Cooper Countryman Marketing Plan P2K Communications Allyn Proffitt Kailie Kirven Elizabeth Knifley Table of Contents Executive Summary Situation Analysis SWOT Analysis Positioning Statement Audience Analysis Focus Group Discussion Guide Communications Objectives Strategies & Tactics Public Relations Traditional Advertising Sales Promotion Direct Response Paid Online Advertising Online Social Media Nontraditional Media Creative Brief Creative Executions Print Advertisements L.L.Bean…

• 6302 Words
• 26 Pages
Powerful Essays