If a banker lacks enough information to determine exactly which applicants for a loan are good risks and which are bad risks, then he faces a(n) __________ problem

In the above table, the employment-to-population ratio is

A) 51 percent. B) 42 percent. C) 62 percent. D) 44 percent.

If the interest rate is 20 percent, $100 to be received four years from today has a present value of approximately

A) $48. B) $69. C) $80. D) $100.