QUESTION 15 Observed per Predicted per capita capita GDP output using yp = 1/3 California 1.011 1.004 Texas 1.065 1.021 Ohio 0.994 0.998 You decide to use the production function approach to economic growth to individual U.S. states. Consider Table, which compares the model to actual statistical data on per capita GDP. You conclude that A. California has the largest total factor productivity (TFP) and Ohio has the smallest. O B. all three states have TFP > 1. O C. all three states have TFP = 1. O D. clearly contains all factors that affect per capita GDP. O E. California has the smallest TFP and Ohio has the largest