7. Read the case study and answer the followings: Let's say, in September 2018 the Walton (Bangladesh) have manufactured 100 LED TVs [ manufacturing cost was Taka 10 million ) than usually they produce in a year . But they will start selling these TVs on July 2019. (Fiscal Year is July to June in Bangladesh] (a) Will the cost be counted in Bangladesh's GDP FY2018-19? (b) Instead, if the company would sell these TVs by June 2019 with a value of Taka 15 million - what would happen to Bangladesh's GDP FY2018-19? 8. 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 ? 9. Write down at least three differences between CPI and GDP deflator? Part B 10 . According to the Bangladesh Labour Force Survey 2016 -17 about 52.3 million people of total population of 161.3 million were at the age group of 0-14 years. Among the working-age population about 60.8 million people were employed and another 2.7 million were unemployed (a) Find out the working-age population in Bangladesh? (b) Find out the labour force of Bangladesh? (c) Calculate how many millions of people are not in labour force? (d) Calculate the labour force participation rate in Bangladesh? (e) What is current level of unemployment rate in Bangladesh ? 11 . Define and put an example of frictional , structural and cyclical unemployment ? What is the natural rate of unemployment? 12. Describe the flowing concepts: (a) Real versus nominal wage , (b) Minimum wage versus efficiency wage (c) What is steady-state unemployment? If fraction of job separation is 1.5% and fraction of job finding is 23%. What will be the steady-state unemployment rate