Suppose a new process was developed that could be used to make oil out of seawater. The equipment required is quite expensive; but it would in time lead to low prices for gasoline, electricity, and other types of energy. What effect would this have on interest rates?
Fundamentals of Financial Manageme...
Fundamentals of Financial Manageme...
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Suppose a new process was developed that could be used to make oil out of seawater. The equipment required is quite expensive; but it would in time lead to low prices for gasoline, electricity, and other types of energy. What effect would this have on interest rates?
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