Question: Consider the table below. CPI Real Nominal GDP GDP Year CPI Inflation GDP GDP Deflator Inflation 2005 94.24 X 7466.60 6963.00 93.26 X 2006 100.00

 Consider the table below. CPI Real Nominal GDP GDP Year CPI

Consider the table below. CPI Real Nominal GDP GDP Year CPI Inflation GDP GDP Deflator Inflation 2005 94.24 X 7466.60 6963.00 93.26 X 2006 100.00 a 7881.45 d 100.00 7.23 2007 b 4.07 9769.17 10142.93 103.83 e 2008 110.68 C -t 12731.66 109.89 5.84 Based on the values of the table, what is the correct value for c ? (Please round your answer to include 2 decimal places)

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