6. Calculate Bangladesh's size of GDP for 2016-17 in expenditure approach by using the

following information:

(a) Consumption in the economy was equivalent of Tk. 14,754 billion. In addition, private investment

was about Tk. 4,564 billion while government spending was Tk. 1,465 billion. At the same time,

export was equivalent of Tk. 2,971 billion while import payment was around Tk. 4,005 billion.

(b) Find out the per capita GDP of Bangladesh for a population size of 160 million?

7. Assume there are only two goods in a consumer basket orange and apple. Consumers buy

10 oranges and 5 apples respectively at Tk. 10 and Tk. 8 for each in 2009. However, in 2010

price of an orange became double while apple price raised to Tk. 12.

(a) Calculate the Consumer Price Index (CPI) for 2009 and 2010 while considering 2009 as the base

year.

(b) Explain what does CPI implies for 2010 in respect to 2009?

(c) Calculate the inflation rate for 2010?

8. Write down at least three differences between CPI and GDP deflator?