The use of bank loans to finance purchases of plant and equipment is most common in which of the following countries?

Credit rationing refers to

A) the increase in the interest rate that occurs when the demand for credit increases. B) the increase in the interest rate that occurs when the supply of credit increases. C) the increase in the interest rate that occurs when the supply of credit decreases. D) a restriction in the availability of credit.

Flat organizations tend to

A) contract in. B) contract out. C) contract vertically. D) contract horizontally.