Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate would you earn if you bought this bond at the offer price?

The Sandy Beach Inn is located on the Oregon coast and caters to an upscale clientele, offering such services as in-room massage, wedding packages, and catered beach picnics. Each time the Sandy Beach Inn rolls out a new service, the company prepares a press release, which is carried in local papers and posted on the Inn’s website. The cost of preparing the press release is a(n) ________ activity.

a. customer-level b. batch-level c. product-level d. organization-level

Which of these statements about use fees for a highway is best?

A) A flat rate results in lower use by most individuals. B) A flat rate results in higher use by most individuals. C) A flat rate has no impact on use by most individuals. D) A fee based on congestion results in higher use by most individuals.