GDP is an important concept in economics and measures the value of economic acti

GDP is an important concept in economics and measures the value of economic activity within a given country during a period of time. A business leader needs to understand this concept because it represents the total output of a country and can tell the business leader if the country is thriving, stagnant, or heading towards a recession. Knowing this can help in planning in relation to increasing inventories, managing revenue, and business expansion.
A slowdown in economic growth can impact business operations. You are the economic adviser for a large corporation tasked with making a forecast on a fictional developing country whose primary export is oil and gas. Aondona’s economic trends based on past and current economic indicators, including GDP. GDP plays an influential part for countries such as Aondona, as consistently rising GDP denotes a stable and growing economy which encourages foreign investment and low unemployment; while a falling GDP may denote an economy that is heading towards a recession (low economic productivity, high unemployment, business closures).
Assignment Instructions
Calculate and analyze Aondona’s Gross Domestic Product.
Download and review the data from the document: Aondona Aggregate Expenditure
Note: Make sure to open and edit data using a spreadsheet program which allows for calculations, such as Microsoft Excel or Google Sheets
Calculate the Gross Domestic Product (GDP) for Q1 2016 to Q4 2017
Insert a new column titled “GDP Q1 2016 – Q4 2017” to the Aondona Aggregate Expenditure (opens in new window) document
Show the calculations (formulas)
Create a graphical representation of the country’s GDP
Analyze the data in the Aondona Aggregate Expenditure by addressing the following:
For what period(s)/quarters does this country go through economic growth and recession? Explain.
What would be the government spending be for Q1 2018 if the company has investments of $20 million, consumption of $30 million, exports of $15 million, and imports of $19 million? if the GDP for Q1 2018 was $100 million;
From the perspective of a business executive looking at this data, what does the data in 2016 say about the country’s ability to attract foreign investors and opportunities for business growth? Use data as the basis for this analysis.
Submit your answers and your updated Aondona Aggregate Expenditure document along with responses to the prompts above by the specified deadline.
Note: This assignment will be checked for plagiarism. Always review the University’s Academic Integrity Policy statement regarding plagiarism.
REQUIREMENTS
Calculations of the Gross Domestic Product (GDP) for the specified range of quarters/years
Creation of a graph representing the country’s GDP
Analysis of Aondona’s quarterly report for the specified range of years