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Consider the table below. CPI Year CPI Real GDP Nominal GDP GDP Inflation GDP Deflator Inflation 2005 76.32 9716.26 7918.19 81.49 X 2006 100.00 31.02

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Consider the table below. CPI Year CPI Real GDP Nominal GDP GDP Inflation GDP Deflator Inflation 2005 76.32 9716.26 7918.19 81.49 X 2006 100.00 31.02 12352.70 12352.70 100.00 C 2007 a 36.49 14173.42 18667.90 131.71 31.71 2008 144.98 b d 24348.08 138.32 5.02 Based on the values of the table, what is the correct value for b ? (Please round your answer to include 2 decimal places)

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