Suppose a new process was developed that could be used to make oil out of seawater. the equipment required would be quite expensive but would, in time, lead to very low prices for gasoline, electricity, and other types of energy. what effect would this development have on interest rate

It's hard to say definitively what the impact would be because the answer depends on how much gasoline costs affect overall inflation, but we can say in what direction this technology would push interest rates, all other things being equal. First, it's important to understand that interest rates vary depending on inflation, or the rate at which money becomes less valuable. Because the technology is quite expensive in the short run, a lot of borrowing may be necessary to develop it. Even if that were not the case, the cost to develop the technology would be reflected in prices throughout the economy, so the pressure would be inflationary. More inflation causes higher interest rates. However, in the long run, the technology causes gasoline prices to go down (and demand for loans to go down with it). Because so many goods in our economy have to be moved or produced or both using electricity, or gasoline, or oil, the prices for everything would likely go down as the cost of these goods went down. Then the impact would be deflationary. Lower inflation rates lead to lower interest rates.

multiculturalism is a particular subject of debate in certain european nations that are associated with the idea of a single nation within their country. critics of multiculturalism may argue against cultural integration of different ethnic and cultural groups to the existing laws and values of the country.so yes, multiculturalism can (and usually does) result in the host country/continent losing its culture, identity and linguistics, especially due to the raw numbers of demographic transitions.

explanation:

The answer is true a pertinent question is an appropriate question.