The table below reports per capita GDP and capital per person in the year 2014 for some countries. Your task is to fill in the missing columns of the table. A) (2 points) Given the values in columns 1 and 2, fill in columns 3 and 4. That is, compute per capita GDP and capital per person relative to the U.S. values. B) (3 points) In column 5, use the production model (with a capital exponent of 1/3) to compute predicted per capita GDP for each country relative to the United States, assuming there are no TEP differences C) (2 points) Why would you say that the predicted value (in column 5) is different than the observed value (in column 4)? Explain. D) (3 points) In column 6, compute the implied level of TFP. E) (2 points) Why do you think the implied level for TFP is lower/bigger than one? Explain. F) (3 points) What will be the wages of labor in the US relative to the wage in Kenya? (use the implied TFP for this calculation) In 2014 dollars Relative to the U.S. values (U.S. = 1) (6) (1) (2) (3) (4) (5) Capital per Per capita Capital per Per capita predicted person GDP person GDP Implied TFP to match data United States 141,841 51,958 1 1 1 1 Kenya 4,500 2,000