If a country voluntarily agrees to have its companies import more goods from another country, the country has

Which of the following statements is NOT true of consumer finance companies?

A) Their borrowers have higher default risk than bank customers. B) They charge higher interest rates than banks do on similar loans. C) They lend primarily to consumers. D) They are strictly regulated by state governments.

The direct impact of contractionary monetary policy is to:

A. lower U.S. income, reduce U.S. imports, and lower the value of the dollar. B. raise U.S. income, increase U.S. imports, and raise the value of the dollar. C. raise U.S. income, increase U.S. imports, and lower the value of the dollar. D. lower U.S. income, reduce U.S. imports, and raise the value of the dollar.