{"id":1021,"date":"2017-10-15T22:42:52","date_gmt":"2017-10-15T16:42:52","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/a-study-has-estimated-the-effect-of-changes-in-interest-rates-and-a-5-increase-in-interest-rates-will-cause-the-demand-for-money-to\/"},"modified":"2017-10-15T22:42:52","modified_gmt":"2017-10-15T16:42:52","slug":"a-study-has-estimated-the-effect-of-changes-in-interest-rates-and-a-5-increase-in-interest-rates-will-cause-the-demand-for-money-to","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/a-study-has-estimated-the-effect-of-changes-in-interest-rates-and-a-5-increase-in-interest-rates-will-cause-the-demand-for-money-to\/","title":{"rendered":"A study has estimated the effect of changes in interest rates and &#8230; a 5% increase in interest rates will cause the demand for money to:"},"content":{"rendered":"<p>A study has estimated the effect of changes in interest rates and consumer confidence on the demand for money to be: lnM = 14.666 +.021 lnC &#8211; 0.036 lnr, where M denotes real money balances, C is an index of consumer confidence, and r is the interest rate paid on bank deposits. Based on this study, a 5% increase in interest rates will cause the demand for money to:<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"education_level":[],"class_list":["post-1021","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"A study has estimated the effect of changes in interest rates and consumer confidence on the demand for money to be: lnM = 14.666 +.021 lnC - 0.036 lnr, where M denotes real money balances, C is an index of consumer confidence, and r is the interest rate paid on bank deposits. Based on this study, a 5% increase in interest rates will cause the demand for money to\u00a0Drop by.18%.","mcq_options":[{"right":"no","answer":" Drop by 1.8% "},{"right":"no","answer":" Increase by 1.8% "},{"right":"yes","answer":"Drop by.18%"},{"right":"no","answer":" Increase by.18% "}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":61,"title":"Quantitative Demand Analysis","slug":"quantitative-demand-analysis"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/1021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=1021"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1021"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1021"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1021"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=1021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}