The Table Below Represents Freedonia's Macroeconomic Data for 2002 and 2003

Multiple Choice

The table below represents Freedonia's macroeconomic data for 2002 and 2003. $$\begin{array} { c c c c } \text { Year } & \text { Y } & \mathrm { K } & \mathrm { N } \\\hline 2002 & 2000 & 1700 & 70 \\2003 & 2100 & 1785 & 75 \\\hline\end{array}$$ Suppose that the production function is given by Y = AK^0.25 N^0.75. Between 2002 and 2003, total factor productivity of Freedonia's economy increased by

A) -1.5%.
B) 5.0%.
C) 5.5%.
D) 12.7%.