Would you rather have wealth of $1.1 million and a price of oil of $400 per barrel

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Would you rather have wealth of $1.1 million and a price of oil of $400 per barrel or $1 million and oil priced at $40 per barrel? If you are a big energy consumer, you may very well be better off with slightly less money and considerably lower energy prices. The lower energy-price scenario leaves you with more to spend on other consumption goods.

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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