a) Discuss why businesses don't use marketable debt securities more extensively to financetheir activities.

b) How does the free-rider problem aggravate the adverse selection and moral hazard

problems in financial markets?

c) Why should the bank balance its desire for liquidity against the increased earnings that canbe obtained from less liquid assets such as loans?

Please answer them in detail as possible. Strictly no Plag please. other wise I will unlike the answer