Create a PowerPoint presentation of 12-15 slides (not including the title and reference slides) discussing Economic Growth and Market Dynamics. Include the following:What is GDP and how is it measured?Evaluate the validity of using GDP as a measure of economic output.Explain how the consumer price index and GDP work together to measure price index change from year to year.Assess the importance of the business cycle relating to the labor market and economic activity.Select one formula for a key labor market indicator and give an example. Use the formula to explain how the labor market indicator measures labor force participation.Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Include slide notes containing explanations and rationale.Be sure to cite three to five relevant scholarly sources in support of your content. Use only scholarly sources found in the GCU Library or those provided in Topic Materials.This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.While APA Style format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center.

Question 1The opening statement on the website of the Organization of Petroleum Exporting Countries (OPEC) says its members seek “ … to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.” To achieve these goals, OPEC attempts to coordinate and unify petroleum policies by raising or lowering its members’ collective oil production. However, increased production by the United States, Russia, Oman, Mexico, Norway, and other non-OPEC countries has placed downward pressure on the price of crude oil. Please explain:To achieve these goals of stable and fair oil prices, what must OPEC do to maintain the price of oil at its desired level? How easy it is for OPEC to achieve this goal? (Chapter 9, Problem15)Minimum 450 words, use at least 2 in text citation that matches peer reviewed references Question 2Please analyze the following scenario by incorporating your learning from Chapters 9 & 10 of your textbook and answer the question: Coca-Cola and PepsiCo are the leading competitors in the market for cola products. In 1960 Coca-Cola introduced Sprite, which today is among the worldwide leaders in the lemon-lime soft drink market and ranks in the top 10 among all soft drinks worldwide. Prior to 1999, PepsiCo did not have a product that competed directly against Sprite and had to decide whether to introduce such a soft drink. By not introducing a lemon-lime soft drink, PepsiCo would continue to earn a $200 million profit, and Coca-Cola would continue to earn a $300 million profit. Suppose that by introducing a new lemon-lime soft drink, one of two possible strategies could be pursued:PepsiCo could trigger a price war with Coca-Cola in both the lemon-lime and cola markets Coca-Cola could acquiesce and each firm maintains its current 50/50 split of the cola market and split the lemon-lime market 30/70 (PepsiCo/Coca-Cola). If PepsiCo introduced a lemon-lime soft drink and a price war resulted, both companies would earn profits of $100 million. Alternatively, Coca-Cola and PepsiCo would earn $275 million and $227 million, respectively.If PepsiCo introduced a lemon-lime soft drink and Coca-Cola acquiesced, they can split the markets.Please explain, as a manager at PepsiCo, How you can convince your colleagues that introducing the new soft drink is the most profitable strategy by explaining the reasoning and theoretical analysis (Chapter 10 - Problem13).Use at least two Intext citation that matches peer reviewed references

Research ProjectProject GoalsThe main goal of this project is to help students to build skills in data analysis by completing the IBM cognitive class on big data, by applying the methods learned to measure the Gross Domestic Product (GDP) and identify business cycles, and by drafting a two-page report on this analysis.Learning objectivesUpon completing this research project, the student will be able to:- Describe the GDP and its components;- Collect data on the GDP components and use them as well as the GDP equation to measure GDP;- Graph GDP;- Describe the relationship between the GDP and each of its components.- Identfying business cycle and its primary phases.- Describe unemployment and inflation.Components of the projectThis project includes three components:- Completion of a three-hour IBM Cognitive Class course on Big Data;- Creation/construction of a graph on the key macroeconomic indicators using FRED data; and- Drafting of a two-page analysis of the evaluation of components of the Gross Domestic Product.1. Completion and certification of the cognitive class on Big Data 101Your assignment here is to complete successfully the three-hour cognitive course Big Data 101. To complete the course, open the link below and follow the instructions https://cognitiveclass.ai/courses/what-is-big-data- At the top right-hand corner of the screen click Sign-Up and create an account. Be sure to use your First and Last name.- After signing up, log in to the Cognitive Class System.- After logging in, at the top right side of the screen, search the term “Big Data 101.”- Click the course labeled “Big Data 101.”- Next click the blue button labeled “Enroll” to enroll in the course.The completion of this course must be proved by the Certificate of Completion. Upon completing the course, download or screen shot your certificate and attach it to your final report of this project which must be submitted through the assignment drop box on blackboard please give me pic for that2. Fred GraphCollect data on components of GDP and use them to evaluate the equation of GDP, that is 𝒀 = 𝑪 + 𝑰 + 𝑮 + (𝑴 − 𝑿)To do so you must log onto FRED (https://fred.stlouisfed.org) and search for each of the following macroeconomic variables:- Gross Domestic Product – GDP (Y)- Consumption (C)- Investment (I)- Government Spending (G)- Net Exports (X – M)You will need to create an account (the access as well as the download of data are free). Look up each variable (you must choose the quarterly, seasonally adjusted option for each variable) and add it to your data list. Upon completing the list, download the data from 2009-01-01 to 2019- 01-01 in Excel file.Next, show a graphical representation of these variables and check that 𝒀 = 𝑪 + 𝑰 + 𝑮 + (𝑴 − 𝑿)Finally, identify and describe business cycle phases from GDP graph obtained previously.3. Written Report on the GDPDraft a two-page report on the GDP behavior over the period 2009-01 t0 2019 and describe business cycle over the same period. First, you should describe the steps taken to collect data and construct graphs. In your analysis, describe the business cycle present in the GDP data, that is, describe recession period (decrease in GDP of more than 6 month), expansion (increase in GDP), peak (the highest GDP during the expansion),and trough (lowest GDP during the recession).Use the GDP equation and data on GDP components to evaluate the equation. Is the GDP determined from the equation the same as the GDP data? Create different visualizations using each of the variables over the last decade (2009-2019) to show the relationship between GDP and each of its components. Which components seems to determine the behavior of the GDP? How can you identify unemployment or inflation from the GDP graph?Next, determine the GDP share of consumption, GDP share of investment, GDP share of government spending, and GDP share of net exports. What GDP component has the largest share? What have you learned about measuring GDP from this assignment? Be sure to cite, using APA, any findings to back your argument and provide a bibliography.