Moody's gives junk bonds a rating below

If the problem of asymmetric information is so serious that a lender chooses not to lend to any potential small business borrower, then the problem is

A) moral hazard. B) adverse selection. C) market failure. D) disintermediation.

If the marginal propensity to consume = 0.75, then:

a. the marginal propensity to save = 0.75. b. the marginal propensity to save = 1.33. c. the marginal propensity to save = 0.20. d. the marginal propensity to save = 0.25. e. since the marginal propensity to save and the marginal propensity to consume are unrelated, we cannot determine the marginal propensity to save from the information given.