According to the Hotelling Principle,the Price of a Nonrenewable Resource

Multiple Choice

According to the Hotelling Principle,the price of a nonrenewable resource is expected to

A) rise at a rate higher than the interest rate.
B) fall at a rate greater than the interest rate.
C) rise at a rate less than the interest rate.
D) rise at a rate equal to the interest rate.
E) fall at a rate equal to the interest rate.