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Consider the following one-period, closed-economy modelt Utility function over consumption (C) and leisure (L) 1 1 U(C,L) = c 3 L 3 Total hours: H = 40 Labour hours: NS = H L Government expenditure = 10 Lump-sum tax = T Production function: = zND Total factor product ty: 1 = 3 The representative consumer maximizes utility, the representative rm maximizes prot, and the government balances budget. Suppose there is an decrease in total factor productivity, 2, to 2. What is the total effect of this on labour supply/2 O A. 4.12 O B. +0.83 0 C. +4.95 0 D. None of the above 0 E. Cannot be determined from the information given