When the economy is on the flatter part of the short run aggregate supply curve, efforts to change inflation with monetary policy will be ____ successful and efforts to stimulate the economy will be ____ successful

The study of factors that contribute to the economic development of a country is

A) development economics. B) the theory of technological advancements. C) population growth economics. D) the new technology theory.

At the competitive equilibrium with a positive proportional labor income tax

A) the real wage after tax exceeds the marginal product of labor. B) the real wage after tax equals the marginal product of labor. C) the real wage after tax is lower than the marginal product of labor. D) We cannot say.