Fiscal policy has shorter implementation lag times than monetary policy

When the government reduces its restrictions on immigration,

a. the prices of goods rise because the demand for goods increases b. immigration is reduced c. labor mobility is reduced d. wage differentials become narrower e. all workers are better off

The basic tax rate on taxable corporate income is:

A. 15 percent. B. 22 percent. C. 35 percent. D. 52 percent.