The credit spread of a bond shrinks if it is perceived that the probability of the issuer defaulting increases

Indicate whether this statement is true or false.

Answer: FALSE

Business

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Suppose we observe a rise in the price of good A and an increase in the quantity of good A bought are sold. Which one of the following is a likely explanation?

a) The law of demand is violated. b) The supply of A increased. c) The demand for A increased. d) The demand for A decreased. e) The supply of A decreased.

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The quarterly sales for specific educational software over the past three years are given in the following table. Compute the four seasonal factors

YEAR 1 YEAR 2 YEAR 3 Quarter 1 1710 1820 1830 Quarter 2 960 910 1090 Quarter 3 2720 2840 2900 Quarter 4 2430 2200 2590

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